Amer Sports Sees Q1 2024 EPS $(0.01)-$0.02 Vs $0.10 Est.
Portfolio Pulse from Benzinga Newsdesk
Amer Sports projected its Q1 2024 earnings per share (EPS) to be between $(0.01) and $0.02, significantly below the estimated $0.10.
March 05, 2024 | 1:58 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Amer Sports anticipates a Q1 2024 EPS significantly lower than market expectations, projecting between $(0.01) and $0.02 versus an estimated $0.10.
The projected EPS for Amer Sports in Q1 2024 is substantially below the market estimate, indicating potential challenges the company might be facing. This significant miss in earnings expectations could lead to negative investor sentiment and a decrease in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100