Amer Sports Q4 Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy AS?
Source: seekingalpha
- Strong Earnings Report: Amer Sports reported a Q4 Non-GAAP EPS of $0.31, beating expectations by $0.03, with revenue reaching $2.1 billion, a 28% year-over-year increase that exceeded forecasts by $110 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 34% revenue increase to $1.0 billion, also up 34% on a constant currency basis, reflecting a 16% omni-channel growth, demonstrating sustained consumer demand for high-performance products.
- Positive Future Outlook: Amer Sports projects overall revenue growth of 16% to 18% for 2026, benefiting from a 200 basis point positive impact from current exchange rates, with an expected gross margin of approximately 59%, showcasing the company's confidence in future market conditions.
- Optimistic Q1 Guidance: The company anticipates a revenue growth of 22% to 24% for Q1 2026, also benefiting from currency fluctuations, with expected EPS ranging from $0.28 to $0.30, despite a market consensus of $0.33, highlighting the company's potential in a rapidly growing environment.
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Analyst Views on AS
Wall Street analysts forecast AS stock price to rise
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 41.960
Low
39.80
Averages
47.06
High
58.00
Current: 41.960
Low
39.80
Averages
47.06
High
58.00
About AS
Amer Sports Inc is a Finland-based global group of sports and outdoor brands such as Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. The Company develops, manufactures, and markets sports and fitness equipment. Its products include sports equipment for tennis, badminton, soccer, baseball, basketball, golf, American football, alpine skiing, fitness training, cycling, running, hiking, snowboarding, cross-country skiing and diving. It also offers fitness equipment through factory outlets, and e-commerce companies through trade customers in sporting goods chains, mass merchants, specialty retailers, fitness clubs, and distributors. The Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Amer Sports to Announce Q4 Earnings on February 24
- Earnings Announcement Date: Amer Sports is set to release its Q4 earnings on February 24 before market open, with a consensus EPS estimate of $0.28, reflecting a robust year-over-year growth of 64.7%, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $1.99 billion, representing a 21.3% year-over-year increase, which highlights Amer Sports' ongoing growth in the consumer goods market and its expanding market share, further solidifying its industry position.
- Consistent Outperformance: Over the past year, Amer Sports has consistently beaten EPS and revenue estimates 100% of the time, which not only boosts investor confidence but also provides strong support for future performance expectations.
- Estimates Revision Dynamics: In the last three months, EPS estimates have seen four upward revisions and three downward adjustments, while revenue estimates experienced eleven upward revisions and one downward, reflecting analysts' optimistic outlook on the company's future performance, potentially attracting more investor interest.
See More
Amer Sports Reports Strong 2025 Results with 27% Revenue Growth
- Significant Revenue Growth: Amer Sports achieved $6.566 billion in revenue for 2025, reflecting a 27% year-over-year increase, underscoring strong demand in technical apparel and outdoor performance, thereby solidifying its market position.
- Strong Q4 Performance: The fourth quarter of 2025 saw revenues of $2.101 billion, up 28% year-over-year, exceeding expectations and reflecting double-digit growth across all regions and product lines, particularly a 34% increase in technical apparel.
- Margin Improvement: The gross margin for 2025 increased by 220 basis points to 57.6%, with adjusted gross margin rising to 58.0%, indicating successful strategies in cost control and product pricing.
- Leadership Change: Carrie Ask has been appointed as the new President and CEO of Wilson, expected to bring fresh leadership and market strategies that will further drive brand development.
See More
Amer Sports Q4 Earnings Exceed Expectations
- Strong Earnings Report: Amer Sports reported a Q4 Non-GAAP EPS of $0.31, beating expectations by $0.03, with revenue reaching $2.1 billion, a 28% year-over-year increase that exceeded forecasts by $110 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 34% revenue increase to $1.0 billion, also up 34% on a constant currency basis, reflecting a 16% omni-channel growth, demonstrating sustained consumer demand for high-performance products.
- Positive Future Outlook: Amer Sports projects overall revenue growth of 16% to 18% for 2026, benefiting from a 200 basis point positive impact from current exchange rates, with an expected gross margin of approximately 59%, showcasing the company's confidence in future market conditions.
- Optimistic Q1 Guidance: The company anticipates a revenue growth of 22% to 24% for Q1 2026, also benefiting from currency fluctuations, with expected EPS ranging from $0.28 to $0.30, despite a market consensus of $0.33, highlighting the company's potential in a rapidly growing environment.
See More
US Supreme Court Strikes Down Trump's Tariff Regime
- Market Reaction: The US Supreme Court's 6-3 ruling against Trump's tariff regime led to a swift market rebound, with the S&P 500 rising 0.7%, indicating a moderate investor optimism regarding the policy shift despite initial losses.
- Limited Economic Impact: The ruling affects approximately 60% of tariffs under the IEEPA, and while it could lead to refund requests totaling up to $175 billion, the overall economic impact is deemed limited, resulting in a muted market response.
- Oil Price Fluctuations: Oil prices surged about 5.5% over the past week due to escalating tensions in the Middle East, with projections suggesting a potential increase of $10 to $15 per barrel if the US engages in military action, highlighting the significant geopolitical risks to energy markets.
- Upcoming Economic Data: The forthcoming Producer Price Index (PPI) will provide investors with crucial insights into inflation trends, which are expected to influence the Federal Reserve's monetary policy, particularly as inflation remains persistently above target levels.
See More
US Stocks Bounce Back Led by ASML, Micron, and Nvidia
- Market Bounce: The stock market extended its bounce, led by ASML, Micron, and Nvidia, indicating a gradual recovery in investor confidence towards tech stocks, although the overall market still faces resistance.
- S&P 500 Resistance: The S&P 500 index encountered technical resistance during the rebound, suggesting potential short-term adjustment pressures, prompting investors to proceed with caution.
- Earnings Expectations: Walmart's upcoming earnings report is highly anticipated, with the market closely watching its performance, which could significantly impact the overall retail sector trends and influence investor sentiment and market direction.
- Tech Stock Performance: The strong performance of ASML, Micron, and Nvidia not only propelled the market rebound but may also attract more capital into tech stocks, intensifying competition and innovation within the industry.
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Options Analysis: Investment Opportunities in AS Stock
- Put Option Appeal: The current bid for the $35.00 put option is $2.95, and if an investor sells this option, they commit to buying the stock at $35.00, effectively lowering their cost basis to $32.05, which represents an approximately 11% discount to the current price of $39.19, making it attractive for those interested in AS stock.
- Yield Potential: Should the put option expire worthless, it would yield an 8.43% return on cash commitment, or 19.48% annualized, highlighting the strategy's potential appeal in the current market environment.
- Call Option Returns: The $40.00 call option has a current bid of $3.90, and if an investor buys AS stock at $39.19 and sells this call, they could achieve a total return of 12.02% if the stock is called away at expiration, showcasing the profit potential of this strategy.
- Risk Assessment: Current analytics suggest a 70% chance that the $35.00 put option will expire worthless, while the $40.00 call option has a 44% chance, prompting investors to weigh potential returns against risks to formulate optimal investment strategies.
See More
Amer Sports to Announce Q4 Earnings on February 24
- Earnings Announcement Date: Amer Sports is set to release its Q4 earnings on February 24 before market open, with a consensus EPS estimate of $0.28, reflecting a robust year-over-year growth of 64.7%, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $1.99 billion, representing a 21.3% year-over-year increase, which highlights Amer Sports' ongoing growth in the consumer goods market and its expanding market share, further solidifying its industry position.
- Consistent Outperformance: Over the past year, Amer Sports has consistently beaten EPS and revenue estimates 100% of the time, which not only boosts investor confidence but also provides strong support for future performance expectations.
- Estimates Revision Dynamics: In the last three months, EPS estimates have seen four upward revisions and three downward adjustments, while revenue estimates experienced eleven upward revisions and one downward, reflecting analysts' optimistic outlook on the company's future performance, potentially attracting more investor interest.
See More
Amer Sports Reports Strong 2025 Results with 27% Revenue Growth
- Significant Revenue Growth: Amer Sports achieved $6.566 billion in revenue for 2025, reflecting a 27% year-over-year increase, underscoring strong demand in technical apparel and outdoor performance, thereby solidifying its market position.
- Strong Q4 Performance: The fourth quarter of 2025 saw revenues of $2.101 billion, up 28% year-over-year, exceeding expectations and reflecting double-digit growth across all regions and product lines, particularly a 34% increase in technical apparel.
- Margin Improvement: The gross margin for 2025 increased by 220 basis points to 57.6%, with adjusted gross margin rising to 58.0%, indicating successful strategies in cost control and product pricing.
- Leadership Change: Carrie Ask has been appointed as the new President and CEO of Wilson, expected to bring fresh leadership and market strategies that will further drive brand development.
See More
Amer Sports Q4 Earnings Exceed Expectations
- Strong Earnings Report: Amer Sports reported a Q4 Non-GAAP EPS of $0.31, beating expectations by $0.03, with revenue reaching $2.1 billion, a 28% year-over-year increase that exceeded forecasts by $110 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 34% revenue increase to $1.0 billion, also up 34% on a constant currency basis, reflecting a 16% omni-channel growth, demonstrating sustained consumer demand for high-performance products.
- Positive Future Outlook: Amer Sports projects overall revenue growth of 16% to 18% for 2026, benefiting from a 200 basis point positive impact from current exchange rates, with an expected gross margin of approximately 59%, showcasing the company's confidence in future market conditions.
- Optimistic Q1 Guidance: The company anticipates a revenue growth of 22% to 24% for Q1 2026, also benefiting from currency fluctuations, with expected EPS ranging from $0.28 to $0.30, despite a market consensus of $0.33, highlighting the company's potential in a rapidly growing environment.
See More
US Supreme Court Strikes Down Trump's Tariff Regime
- Market Reaction: The US Supreme Court's 6-3 ruling against Trump's tariff regime led to a swift market rebound, with the S&P 500 rising 0.7%, indicating a moderate investor optimism regarding the policy shift despite initial losses.
- Limited Economic Impact: The ruling affects approximately 60% of tariffs under the IEEPA, and while it could lead to refund requests totaling up to $175 billion, the overall economic impact is deemed limited, resulting in a muted market response.
- Oil Price Fluctuations: Oil prices surged about 5.5% over the past week due to escalating tensions in the Middle East, with projections suggesting a potential increase of $10 to $15 per barrel if the US engages in military action, highlighting the significant geopolitical risks to energy markets.
- Upcoming Economic Data: The forthcoming Producer Price Index (PPI) will provide investors with crucial insights into inflation trends, which are expected to influence the Federal Reserve's monetary policy, particularly as inflation remains persistently above target levels.
See More
US Stocks Bounce Back Led by ASML, Micron, and Nvidia
- Market Bounce: The stock market extended its bounce, led by ASML, Micron, and Nvidia, indicating a gradual recovery in investor confidence towards tech stocks, although the overall market still faces resistance.
- S&P 500 Resistance: The S&P 500 index encountered technical resistance during the rebound, suggesting potential short-term adjustment pressures, prompting investors to proceed with caution.
- Earnings Expectations: Walmart's upcoming earnings report is highly anticipated, with the market closely watching its performance, which could significantly impact the overall retail sector trends and influence investor sentiment and market direction.
- Tech Stock Performance: The strong performance of ASML, Micron, and Nvidia not only propelled the market rebound but may also attract more capital into tech stocks, intensifying competition and innovation within the industry.
See More
Options Analysis: Investment Opportunities in AS Stock
- Put Option Appeal: The current bid for the $35.00 put option is $2.95, and if an investor sells this option, they commit to buying the stock at $35.00, effectively lowering their cost basis to $32.05, which represents an approximately 11% discount to the current price of $39.19, making it attractive for those interested in AS stock.
- Yield Potential: Should the put option expire worthless, it would yield an 8.43% return on cash commitment, or 19.48% annualized, highlighting the strategy's potential appeal in the current market environment.
- Call Option Returns: The $40.00 call option has a current bid of $3.90, and if an investor buys AS stock at $39.19 and sells this call, they could achieve a total return of 12.02% if the stock is called away at expiration, showcasing the profit potential of this strategy.
- Risk Assessment: Current analytics suggest a 70% chance that the $35.00 put option will expire worthless, while the $40.00 call option has a 44% chance, prompting investors to weigh potential returns against risks to formulate optimal investment strategies.
See More
