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Benzinga
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Amer Sports Analysts Boost Their Forecasts After Upbeat Q1 Results

1. Amer Sports reported FY25 Q1 revenue up 23% to $1.47 billion. 2. Adjusted EPS of 27 cents exceeded expectations of 15 cents. 3. CEO highlights strong momentum from premium brands Arc'teryx and Salomon. 4. Raised FY25 EPS guidance from $0.64-$0.69 to $0.67-$0.72. 5. Analysts raised price targets after strong earnings performance.

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FAQ

Why Very Bullish?

The significant revenue and EPS beats suggest robust growth, similar to historical patterns where strong earnings typically led to price increases.

How important is it?

Given the strong earnings beat and raised guidance, the likelihood of impacting AS's price is high as positive sentiment typically drives stock prices up.

Why Short Term?

Anticipated positive momentum in the next quarter aligns with general market behavior post-earnings reports.

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