Amer Sports Growth Plans on Track But Shares Fall as Investors Worry Over Higher Q1 Costs
Yahoo Finance·2026-02-24 14:01
Shares of Amer Sports were down as much a 7.1 percent in pre-market trading after the company issued first quarter guidance that opened the door to concerns over higher costs. Amer guided first quarter results ending March 31 to adjusted diluted earnings per share in the range of 28 cents to 30 cents on revenue growth at up 22 percent to 24 percent. For the full year ending Dec. 31, 2026, Amer Sports forecasted adjusted diluted EPS at between $1.10 to $1.15, on revenue growth of 16 percent to 18 percent. ...