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Curious about Amer Sports, Inc. (AS) Q2 Performance? Explore Wall Street Estimates for Key Metrics
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In its upcoming report, Amer Sports, Inc. (AS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.10 per share, reflecting an increase of 66.7% compared to the same period last year. Revenues are forecasted to be $1.55 billion, representing a year-over-year increase of 25.5%.
The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Amer Sports, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Segment Revenue- Technical Apparel' stands at $654.73 million. The estimate suggests a change of +28.7% year over year.
The consensus among analysts is that 'Segment Revenue- Outdoor Performance' will reach $542.86 million. The estimate indicates a change of +31.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Channel Revenues- DTC' should come in at $888.05 million. The estimate points to a change of +38.6% from the year-ago quarter.
Analysts predict that the 'Channel Revenues- Wholesale' will reach $657.75 million. The estimate indicates a year-over-year change of +10.5%.
Analysts forecast 'Segment Revenue- Ball & Racquet Sports' to reach $348.21 million. The estimate points to a change of +11% from the year-ago quarter.
The average prediction of analysts places 'Geographic Revenues- Asia Pacific' at $252.44 million. The estimate indicates a change of +63.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- Greater China' should arrive at $532.60 million. The estimate points to a change of +29.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Geographic Revenues- EMEA' will likely reach $298.56 million. The estimate points to a change of +8.1% from the year-ago quarter.
It is projected by analysts that the 'Geographic Revenues- Americas' will reach $437.72 million. The estimate indicates a year-over-year change of +10.7%.
Analysts expect 'Adjusted Operating Profit- Technical Apparel' to come in at $94.23 million. The estimate compares to the year-ago value of $70.70 million.
The collective assessment of analysts points to an estimated 'Adjusted Operating Profit- Ball & Racquet Sports' of $16.71 million. Compared to the current estimate, the company reported $9.70 million in the same quarter of the previous year.
Analysts' assessment points toward 'Adjusted Operating Profit- Outdoor Performance' reaching $36.69 million. Compared to the present estimate, the company reported $21.30 million in the same quarter last year.
Amer Sports, Inc. shares have witnessed a change of -7.3% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), AS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Amer Sports, Inc. (AS) Q2 Performance? Explore Wall Street Estimates for Key Metrics
In its upcoming report, Amer Sports, Inc. (AS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.10 per share, reflecting an increase of 66.7% compared to the same period last year. Revenues are forecasted to be $1.55 billion, representing a year-over-year increase of 25.5%.
The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Amer Sports, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Segment Revenue- Technical Apparel' stands at $654.73 million. The estimate suggests a change of +28.7% year over year.
The consensus among analysts is that 'Segment Revenue- Outdoor Performance' will reach $542.86 million. The estimate indicates a change of +31.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Channel Revenues- DTC' should come in at $888.05 million. The estimate points to a change of +38.6% from the year-ago quarter.
Analysts predict that the 'Channel Revenues- Wholesale' will reach $657.75 million. The estimate indicates a year-over-year change of +10.5%.
Analysts forecast 'Segment Revenue- Ball & Racquet Sports' to reach $348.21 million. The estimate points to a change of +11% from the year-ago quarter.
The average prediction of analysts places 'Geographic Revenues- Asia Pacific' at $252.44 million. The estimate indicates a change of +63.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- Greater China' should arrive at $532.60 million. The estimate points to a change of +29.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Geographic Revenues- EMEA' will likely reach $298.56 million. The estimate points to a change of +8.1% from the year-ago quarter.
It is projected by analysts that the 'Geographic Revenues- Americas' will reach $437.72 million. The estimate indicates a year-over-year change of +10.7%.
Analysts expect 'Adjusted Operating Profit- Technical Apparel' to come in at $94.23 million. The estimate compares to the year-ago value of $70.70 million.
The collective assessment of analysts points to an estimated 'Adjusted Operating Profit- Ball & Racquet Sports' of $16.71 million. Compared to the current estimate, the company reported $9.70 million in the same quarter of the previous year.
Analysts' assessment points toward 'Adjusted Operating Profit- Outdoor Performance' reaching $36.69 million. Compared to the present estimate, the company reported $21.30 million in the same quarter last year.
View all Key Company Metrics for Amer Sports, Inc. here>>>Amer Sports, Inc. shares have witnessed a change of -7.3% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), AS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .