• Amer Sports Inc AS.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of twelve analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 14 cents to 17 cents per share.

• Revenue rose 24.5% to $1.47 billion from a year ago; analysts expected $1.38 billion.

• Amer Sports Inc's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $134.6 million.

• Amer Sports Inc shares had risen by 17.4% this quarter and gained 12.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.3% 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 13 "strong buy" or "buy," 3 "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 $32.00

This summary was machine generated from LSEG data May 20 at 01:31 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)