While announcing its first-quarter results, Amer Sports Inc. (AS) said that it raised its outlook for fiscal year 2025.
In Tuesday pre-market, AS was trading at $34.75 up $3.36 or 10.70%.
Looking ahead for the second quarter, the company expects results to be break even per share to earnings $0.02 per share, and revenue growth of 16% - 18%. Analysts expect the company to report earnings of $0.02 per share for the second quarter. Analysts' estimates typically exclude special items.
The company now expects annual earnings per share to be in the range of $0.67 - 0.72 and revenue growth of 15% - 17%. Previously, the company expected annual expects earnings per share to be $0.64 - $0.69 and revenue growth of 13% - 15%. Analysts expect the company to report earnings of $0.69 per share for fiscal year 2025.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.