Amer Sports, Inc. (NYSE: AS) Surpasses Earnings and Revenue Estimates

Core Insights - Amer Sports, Inc. has demonstrated strong financial performance with an EPS of $0.33, exceeding the estimated $0.25 and showing significant improvement from the previous year's $0.14 EPS [1][3] - The company reported revenue of approximately $1.76 billion, reflecting a year-over-year increase of 29.7% and surpassing consensus estimates of $1.73 billion, resulting in a positive revenue surprise of 1.62% [1][4] - Full-year guidance for revenue, margin, and EPS has been raised, indicating confidence in continued growth [2][5] Financial Performance - Over the past four quarters, Amer Sports has outperformed consensus EPS estimates three times, showcasing consistent financial strength [4] - The company's P/E ratio is approximately 81.70, indicating a high valuation relative to its earnings, while the price-to-sales ratio stands at about 3.21 [5] - The debt-to-equity ratio is 0.29, suggesting a relatively low level of debt compared to equity, and the current ratio of approximately 1.60 indicates good liquidity to cover short-term liabilities [5] Market Position - Amer Sports is a prominent player in the Zacks Leisure and Recreation Products industry, with a portfolio of premium technical brands that are gaining market share globally [3][5] - Notable growth has been observed in Salomon footwear and the Arc'teryx omni-channel strategy, contributing to the company's success in the sports and outdoor markets [5]