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News

Amer Sports Sees Q2 Fully diluted EPS Of $(0.04) to $(0.08) Vs. $(0.05) Estimate

Author: Benzinga Newsdesk | May 21, 2024 06:59am

Amer Sports is providing the following guidance for the second quarter ending June 30, 2024 (all guidance figures reference adjusted amounts):

  • Approximately 10%, including the impact of the disposition of ENVE on May 1, 2024
  • Gross margin: approximately 54.0%
  • Operating margin: approximately 0.0%
  • Net finance cost: $45 - $50 million
  • Effective tax rate: approximately 38%
  • Fully diluted share count: 510 million

Posted In: AS