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Amer Sports beats Q1 estimates, shares surge nearly 6% on strong earnings

Published 20/05/2025, 11:22
Amer Sports beats Q1 estimates, shares surge nearly 6% on strong earnings
AS
-4.69%

NEW YORK - Amer Sports, Inc. (NYSE:AS) reported better-than-expected first quarter results on Tuesday.

Amer Sports’ stock jumped 5.93% in pre-market trading following the earnings release.

The sporting goods company posted adjusted earnings per share of $0.27, surpassing the analyst consensus estimate of $0.19 by $0.08. Revenue for the quarter came in at $1.47 billion.

The company did not provide specific forward guidance in its earnings release. Analysts will likely seek more color on the outlook during Amer Sports’ upcoming conference call.

Amer Sports owns several well-known sporting goods and apparel brands including Salomon, Arc’teryx, Peak Performance, Atomic, and Wilson. The strong Q1 results suggest the company is successfully executing its strategy across its brand portfolio.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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