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On Holding (ONON) Q4 Earnings and Revenues Surpass Estimates
ONONOn AG(ONON) ZACKS·2025-03-04 13:05

Company Performance - On Holding reported quarterly earnings of 0.38pershare,exceedingtheZacksConsensusEstimateof0.38 per share, exceeding the Zacks Consensus Estimate of 0.20 per share, compared to a loss of 0.06pershareayearago,representinganearningssurpriseof900.06 per share a year ago, representing an earnings surprise of 90% [1] - The company posted revenues of 691.25 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.59%, and showing an increase from year-ago revenues of 504.69million[2]−Overthelastfourquarters,OnHoldinghassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesthreetimes[2]FutureOutlook−ThecurrentconsensusEPSestimateforthecomingquarteris504.69 million [2] - Over the last four quarters, On Holding has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Future Outlook - The current consensus EPS estimate for the coming quarter is 0.23 on revenues of 736.5million,andforthecurrentfiscalyear,itis736.5 million, and for the current fiscal year, it is 1.12 on revenues of 3.3billion[7]−TheestimaterevisionstrendforOnHoldingiscurrentlyfavorable,leadingtoaZacksRank2(Buy)forthestock,indicatingexpectedoutperformanceinthenearfuture[6]−TheoutlookfortheRetail−ApparelandShoesindustry,whereOnHoldingoperates,iscurrentlyinthetop263.3 billion [7] - The estimate revisions trend for On Holding is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The outlook for the Retail - Apparel and Shoes industry, where On Holding operates, is currently in the top 26% of Zacks industries, suggesting a positive impact on stock performance [8] Market Comparison - On Holding shares have declined approximately 12.6% since the beginning of the year, contrasting with the S&P 500's decline of -0.5% [3] - Genesco, another company in the same industry, is expected to report quarterly earnings of 3.31 per share, reflecting a year-over-year change of +27.8%, with revenues projected at $780.43 million, up 5.6% from the year-ago quarter [9][10]