Amer Sports Sees FY24 EPS $0.30-$0.40 Vs $0.51 Est.
Portfolio Pulse from Benzinga Newsdesk
Amer Sports projects its FY24 earnings per share (EPS) to be in the range of $0.30-$0.40, which is below the estimated $0.51.
March 05, 2024 | 1:58 pm
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NEGATIVE IMPACT
Amer Sports anticipates its FY24 EPS to fall between $0.30 and $0.40, underperforming against the expected $0.51.
The projected EPS for FY24 by Amer Sports is significantly lower than the market's expectation, which could lead to negative investor sentiment and potentially decrease the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100