Amer Sports (AS) Reports Q2, Raises Guidance

BofA Securities Reiterates Buy Rating on Amer Sports Inc. (AS)

BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $19.00 price target on Amer Sports Inc. (NYSE: AS).

The analyst comments "We maintain our Buy rating and think Arcteryx remains one of the more compelling growth stories in retail. AS reported 2Q... More

Wells Fargo Reiterates Overweight Rating on Amer Sports Inc. (AS)

Wells Fargo analyst Ike Boruchow reiterated an Overweight rating and $17.00 price target on Amer Sports Inc. (NYSE: AS).

The analyst comments "Thoughts on 2Q. Fears overblown. 2Q was solid across the board, w/ rev upside driven by Tech Apparel (Arc) & Outdoor (Salomon), while... More

Deutsche Bank Reiterates Buy Rating on Amer Sports Inc. (AS)

Deutsche Bank analyst Krisztina Katai reiterated a Buy rating and $17.00 price target on Amer Sports Inc. (NYSE: AS).

The analyst comments "AS handed in a beat-and-raise quarter, led by the technical apparel segment (Arc'teryx) and Greater China. Coming into this quarter,... More

Citi Reiterates Buy Rating on Amer Sports Inc. (AS)

Citi analyst Paul Lejuez reiterated a Buy rating and $19.00 price target on Amer Sports Inc. (NYSE: AS).

The analyst comments "The 2Q beat was driven by Arcteryx, underscored by broad-based strength across products, channels and regions, supporting Arcs long runway to continue opening... More

Amer Sports, Inc. (AS) Tops Q2 EPS by 11c, Offers FY24 EPS Guidance

Amer Sports, Inc. (NYSE: AS) reported Q2 EPS of $0.05, $0.11 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $994 million.

GUIDANCE:

Amer Sports, Inc. sees FY2024 EPS of $0.40-$0.44.

For earnings history and earnings-related data on Amer Sports, Inc. (AS) click here.