AS Earnings Prediction
The chart below shows how AS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AS sees a -10.25% change in stock price 10 days leading up to the earnings, and a -0.76% change 10 days following the report. On the earnings day itself, the stock moves by -0.90%. This data can give you a slight idea of what to expect for the next quarter's release.
AS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.35B
18.10%
36.22%
Gross Margin
55.20%
8.83%
-0.49%
Operating Margin
11.88%
36.08%
-1420.00%
Net Margin
4.15%
232.59%
-2405.56%
EPS
0.11
257.14%
-1200.00%
No Data Available
AS Earnings Analysis
Amer Sports, Inc. Corporation (AS.N) Earnings Conference Call
Positive
Sales Growth Achievement: Amer Sports Group generated 17% sales growth in Q3, led by the flagship brand, Arc'teryx.
Strong Operating Margin: The company achieved a strong 14.4% adjusted operating margin, well above expectations.
Technical Apparel Sales Surge: Sales in the technical apparel segment increased 34% to $520 million, driven by Arc'teryx.
Footwear Growth in APAC: Salomon footwear continued to show strong traction in Greater China and APAC, contributing to overall growth.
New Store Openings: The company opened nine new brand stores globally in Q3, bringing the total owned brand stores count to 134.
Negative
Flagship Brand Sales Surge: Sales growth of 17% in Q3 was led by the flagship brand, but the overall performance still reflects challenges in certain segments.
Operating Margin Performance: Adjusted operating margin of 14.4% was above expectations, yet the company continues to face pressure from rising costs.
Segment Performance Analysis: Despite strong growth in technical apparel, the overall segment performance was impacted by slower sales in winter sports equipment.
Net Income Improvement: The company generated $71 million in adjusted net income, a significant improvement from a net loss of $13 million in the prior year, but still indicates volatility in the market.
Tax Rate Impact on Profitability: The effective tax rate is expected to be approximately 37%, which could impact future profitability and cash flow management.
AS FAQs
How does AS typically perform around its earnings report dates?
Is Amer Sports (AS) Q3 2024 Earnings Call Summary positive or negative?
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AS Earning Call Sentiment
Amer Sports (AS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AS.N
-2.52%Positive
The earnings call highlights strong financial performance with 17% sales growth and improved margins. Arc'teryx and Salomon footwear are driving growth, and guidance is optimistic, with revenue expected to grow 15-17% and EPS guidance raised. The Q&A reveals excitement about expansion in China and footwear growth, despite some vague responses on tax and SG&A. The lack of a share buyback or dividend is neutral, but overall, the strong growth and positive guidance suggest a positive stock price reaction in the short term.
