Amer Sports Q2 2024 Adj. EPS $0.05 Beats $(0.06) Estimate, Sales $994.000M Beat $948.184M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amer Sports reported Q2 2024 earnings of $0.05 per share, significantly beating the estimated loss of $(0.06). Sales reached $994 million, surpassing the $948.184 million estimate. This marks a substantial improvement from the previous year's performance.
August 20, 2024 | 10:41 am
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Amer Sports reported a strong Q2 2024 with EPS of $0.05, beating the $(0.06) estimate, and sales of $994 million, exceeding the $948.184 million estimate. This reflects a significant improvement from last year's performance.
The better-than-expected earnings and sales figures indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term. The significant improvement from last year further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100