Amer Sports (NYSE:AS) Announces Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Amer Sports (NYSE:AS) announced its earnings results on Monday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.11, FiscalAI reports. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. The business’s revenue was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.03 EPS.

Amer Sports Price Performance

Shares of AS stock opened at $33.50 on Wednesday. Amer Sports has a twelve month low of $28.92 and a twelve month high of $42.76. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 41.87, a P/E/G ratio of 1.12 and a beta of 2.05. The stock has a fifty day simple moving average of $34.96 and a two-hundred day simple moving average of $35.36. The company has a current ratio of 1.66, a quick ratio of 0.82 and a debt-to-equity ratio of 0.10.

Key Headlines Impacting Amer Sports

Here are the key news stories impacting Amer Sports this week:

• Positive Sentiment: Amer Sports reported second-quarter earnings of $0.22 per share, double Wall Street’s $0.11 consensus, while revenue rose 32.1% year over year to $1.63 billion, above the $1.54 billion estimate. Amer Sports Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 revenue, margin and EPS outlook, now projecting revenue of approximately $8.1 billion and EPS of $1.27-$1.30, ahead of consensus estimates of $8.0 billion and $1.26, respectively. Amer Sports Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Growth was broad-based across regions, channels and segments. Salomon softgoods, Arc’teryx and Wilson Tennis were highlighted as key drivers, while management said strong momentum and brand demand could support additional sales and profit upside. Arc’teryx Owner Amer Sports Increases Guidance
• Neutral Sentiment: Second-quarter gross margin increased to 65.6%, helped partly by tariff refunds as well as brand strength. The refund benefit may not fully recur, making future margin expansion important to sustaining the improved outlook. Amer Sports Q2 2026 Gross Margin
• Negative Sentiment: Amer Sports’ third-quarter EPS guidance of $0.31-$0.33 is below the $0.38 analyst consensus, although projected revenue of about $2.1 billion is in line with expectations. This near-term earnings caution could limit further upside.

Insider Transactions at Amer Sports

In related news, CEO Stuart Haselden sold 215,275 shares of Amer Sports stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $35.57, for a total value of $7,657,331.75. Following the completion of the sale, the chief executive officer directly owned 215,275 shares in the company, valued at $7,657,331.75. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jie (James) Zheng sold 500,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $34.42, for a total transaction of $17,210,000.00. Following the completion of the sale, the chief executive officer directly owned 1,262,385 shares of the company’s stock, valued at approximately $43,451,291.70. This trade represents a 28.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 833,580 shares of company stock worth $29,200,266.

Hedge Funds Weigh In On Amer Sports

Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in Amer Sports in the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd boosted its position in Amer Sports by 484.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after acquiring an additional 703 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Amer Sports by 241.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after acquiring an additional 848 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Amer Sports by 174.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after acquiring an additional 1,011 shares during the period. Finally, Daiwa Securities Group Inc. purchased a new position in shares of Amer Sports in the 4th quarter valued at $84,000. 40.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AS shares. Robert W. Baird set a $51.00 target price on Amer Sports in a research report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their price objective on shares of Amer Sports from $59.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Truist Financial increased their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. UBS Group boosted their target price on Amer Sports from $60.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Barclays reaffirmed an “overweight” rating on shares of Amer Sports in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Amer Sports has a consensus rating of “Buy” and a consensus target price of $49.70.

About Amer Sports

Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.

Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).