Recap: On Holding Q3 Earnings
Portfolio Pulse from Benzinga Insights
On Holding (NYSE:ONON) reported Q3 earnings, surpassing estimates with an EPS of $0.226 against the expected $0.16. Revenue increased by $204.15 million from the previous year. Despite missing EPS last quarter, the share price rose by 1.85% the following day.

November 14, 2023 | 10:50 am
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POSITIVE IMPACT
On Holding reported strong Q3 earnings, beating EPS estimates by 41.25% and showing significant revenue growth from the previous year.
The positive earnings report, with a significant beat on EPS estimates and a substantial year-over-year revenue increase, is likely to instill investor confidence and could lead to a short-term uptick in ONON's stock price. Historical context from the last quarter shows that even after missing EPS estimates, the stock price increased, suggesting a positive investor sentiment towards the company's performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100