Amer Sports investor sentiment cools despite management raising outlook
AS Amer Sports Inc
$31.86 -1.85%
View chart & analysis → - 1Amer Sports is preparing its third-quarter earnings report as investor sentiment cools significantly despite management raising its outlook twice in a row and increasing margin targets.
- 2The Street's expected revenue of approximately $2.13 billion represents a 21.3% increase in Amer Sports revenue compared to the previous year.
- 3Amer Sports' adjusted operating margin expanded by 730bp to 12.8% in the second quarter, including a one-time net tariff refund of $64.3 million.
So what's the key point?
Amer Sports management has raised its future performance outlook and profit targets. However, investor interest is cooling even though revenue is expected to increase more than experts predicted.
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