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Benzinga
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These Analysts Increase Their Forecasts On Amer Sports After Upbeat Q2 Results

1. Amer Sports reported Q2 EPS of 6 cents, beating estimates. 2. Sales reached $1.24 billion, exceeding analyst expectations by 5%. 3. FY2025 EPS and sales forecasts raised significantly above prior estimates. 4. CFO highlighted strong growth potential from Salomon footwear and Arc'teryx. 5. Analysts maintain ratings and raise price targets for Amer Sports.

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FAQ

Why Very Bullish?

The better-than-expected earnings and raised forecasts suggest strong growth. Historical gains often follow similar positive earnings surprises in the sector.

How important is it?

The positive earnings surprise and growth outlook greatly enhance AS's investment appeal. This is crucial for attracting both institutional and retail investors.

Why Long Term?

The raised guidance reflects sustainable growth potential, impacting long-term investor confidence. Strong brand performance could enhance market position over time.

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