On Holding: Fourth Quarter Earnings Overview
On Holding AG Reports Strong Fourth Quarter Results
On Holding AG, headquartered in Zurich, announced a net profit of $77.6 million for the fourth quarter.
The company’s earnings translated to 26 cents per share, with adjusted earnings—excluding stock option costs—reaching 31 cents per share.
These figures outperformed analysts’ expectations, as six experts surveyed by Zacks Investment Research had forecasted earnings of 26 cents per share.
The athletic footwear and apparel brand also reported quarterly revenue of $930.9 million, surpassing the $915.2 million estimate provided by eight Zacks analysts.
For the full year, On Holding AG achieved a total profit of $220.5 million, or 74 cents per share, with annual revenue totaling $3.64 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold: Safe-haven surge loses momentum as rate expectations shift – Commerzbank
NEAR Protocol Price Prediction: NEAR Eyes Short-Term Rally Amid Stabilizing Flows

Crypto Prices Today: BTC, ETH, XRP Prices Surge Despite Iran’s Strait of Hormuz Closure

Gold price to accelerate and hit new record highs after this event – technical analyst
