Amer Sports reported better-than-expected Q2 results and raised its full-year outlook, signaling stronger demand or margins. The positive earnings surprise could act as a near-term catalyst for AS shares, with investors pricing in improved profitability and potential multiple expansion if the guidance proves durable.
Amer Sports is set to release its Q1 earnings on May 19, with analysts forecasting earnings of 31 cents per share and revenues of $1.83 billion. Given the growth compared to last year's earnings and revenues, the market will closely watch these results as they may influence stock price recovery.
Q3 earnings beat analyst expectations. Company raised its full-year forecast after stronger sales. Outdoor brands Salomon and Arc'teryx drove performance. Stock jumped 7.6% on the announcement.
AS to report Q3 earnings before market open on Nov. 18. Analysts expect $0.25 EPS, up from $0.14 year-ago. Consensus revenue $1.73B versus $1.35B in prior year. Company raised Q3 revenue outlook to high-20s growth; margins projected at or above 12–13%. Analysts mostly Buy/Overweight with higher price targets and recent upgrades.