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Stock impact report

Amer Sports, Inc. (NYSE:AS) On The Verge Of Breaking Even [Yahoo! Finance]

Amer Sports, Inc. (AS) 
Company Research Source: Yahoo! Finance
Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. The company's loss has recently broadened since it announced a US$209m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$223m, moving it further away from breakeven. The most pressing concern for investors is Amer Sports' path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company. Check out our latest analysis for Amer Sports Consensus from 16 of the American Luxury analysts is that Amer Sports is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$177m in 2024. The company is therefore projected to breakeven around a year from now or less! How fast will the company have to grow to Show less Read more
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