Why Amer Sports, Inc. (AS) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Amer Sports, Inc. has consistently beaten earnings estimates and is well-positioned for future earnings surprises, particularly in its upcoming quarterly report [1][5]. Earnings Performance - In the most recent quarter, Amer Sports reported earnings of $0.33 per share, exceeding the expected $0.25 per share, resulting in a surprise of 32.00% [2]. - For the previous quarter, the company reported $0.06 per share against an expectation of $0.02 per share, achieving a surprise of 200.00% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Amer Sports, with a positive Earnings ESP of +5.69%, indicating bullish sentiment among analysts regarding the company's earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate than earlier predictions [7]. - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [8].