On Holding AG expected to post earnings of 16 rappen a share - Earnings Preview

On Holding AG

09/08/2024 19:32

* On Holding AG  ONON.N   ONON.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 13 for the
period ending June 30 2024
    * The Zurich Zuerich-based  company is expected to report a
26.2% increase in revenue to CHF560.551 million from CHF444.3
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for On Holding AG is for
earnings
of 16 rappen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for On Holding
AG is
$45.00​, above​ its last closing price of $39.04. ​​​

Previous quarterly performance (using preferred earnings measure
in Swiss francs). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.14        0.14       0.36      Beat    152.8
 Dec. 31 2024  0.13        0.11       -0.06     Missed  -153.3
 Jan. 1 0001   0.15        0.15       0.22      Beat    50.9​
 Jun. 30 2023              0.11                         
 ​​Mar.        0.09        0.09       0.17      Beat    96.7
 31 2023                                                
 Dec. 31 2022  0.01        0.01       0.02      Beat    48.8​
 Sep. 30 2022  0.11        0.11       0.08      Missed  -24.8
 Jun. 30 2022  0.03        0.03       0.15      Beat    480.7
 This summary was machine generated August 9 at 18:32 GMT.  All
figures in Swiss francs unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)