Amer Sports Inc reports results for the quarter ended September 30 - Earnings Summary

• Amer Sports Inc AS.N reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended September 30. The mean expectation of eleven analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 8 cents to 12 cents per share.

• Revenue was $1.35 billion​; analysts expected $1.30 billion.

• Amer Sports Inc's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $55.8 million.

• Amer Sports Inc shares had risen by 22.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Amer Sports Inc is $21.00

This summary was machine generated from LSEG data November 19 at 02:31 p.m. UTC. ​All figures in US dollars 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)