Amer Sports (NYSE:AS – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.140-0.150 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.3 billion. Amer Sports also updated its FY 2025 guidance to 0.640-0.690 EPS.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on AS. Wells Fargo & Company boosted their price objective on Amer Sports from $25.00 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday. Citigroup boosted their target price on Amer Sports from $24.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Robert W. Baird boosted their target price on Amer Sports from $24.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. TD Cowen boosted their target price on Amer Sports from $29.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. boosted their target price on Amer Sports from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Amer Sports has a consensus rating of “Moderate Buy” and an average price target of $31.50.
Read Our Latest Research Report on Amer Sports
Amer Sports Stock Down 2.3 %
Amer Sports (NYSE:AS – Get Free Report) last released its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.60 billion. Amer Sports had a positive return on equity of 3.15% and a negative net margin of 0.74%. Amer Sports’s quarterly revenue was up 23.2% on a year-over-year basis. As a group, analysts expect that Amer Sports will post 0.46 EPS for the current year.
Amer Sports Company Profile
Amer Sports, Inc designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.
Featured Stories
- Five stocks we like better than Amer Sports
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
- How to trade using analyst ratings
- Will Alibaba’s $53B AI Bet Be the Key to Tech Supremacy?
Receive News & Ratings for Amer Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amer Sports and related companies with MarketBeat.com's FREE daily email newsletter.