A Preview Of On Holding's Earnings
Portfolio Pulse from Benzinga Insights
On Holding (NYSE:ONON) is scheduled to release its quarterly earnings report on 2024-03-12, with analysts expecting an EPS of $0.11. The company's past performance shows a mixed record of beating EPS estimates, with a notable 8.27% share price increase following last quarter's earnings beat. Shares are currently trading at $33.09, up 58.27% over the last 52 weeks, indicating a positive sentiment among long-term shareholders ahead of the earnings announcement.
March 11, 2024 | 2:00 pm
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POSITIVE IMPACT
On Holding is anticipated to report an EPS of $0.11 in its upcoming quarterly earnings, with a history of mixed EPS beats and misses. The stock has seen a significant 58.27% increase over the past 52 weeks, indicating strong long-term shareholder confidence.
Given On Holding's history of mixed earnings performance and the significant year-to-date stock price increase, the upcoming earnings report is highly relevant and important to investors. The positive long-term shareholder sentiment, as evidenced by the 58.27% stock increase, suggests a likely positive short-term impact on the stock price, especially if the company beats the EPS estimate and provides favorable future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100