Why Amer Sports, Inc. (AS) Could Beat Earnings Estimates Again

Core Insights - Amer Sports, Inc. is well-positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 140.00% in the last two quarters [1][2] Earnings Performance - For the most recent quarter, Amer Sports reported earnings of $0.06 per share, exceeding the expected $0.02 per share, resulting in a surprise of 200.00% [2] - In the previous quarter, the company reported $0.27 per share against an estimate of $0.15 per share, leading to a surprise of 80.00% [2] Earnings Estimates and Predictions - Recent estimates for Amer Sports have been increasing, with a positive Earnings ESP of +4.84%, indicating bullish sentiment among analysts regarding its near-term earnings potential [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report [8] Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time [6]