Top Wall Street Forecasters Revamp On Holding Expectations Ahead Of Q1 Earnings
On Holding AG (NYSE:ONON) will release earnings for its first quarter before the opening bell on Tuesday, May 12.
Analysts expect the Zurich, Switzerland-based company to report quarterly earnings of 27 cents per share, up from 21 cents per share in the year-ago period. The consensus estimate for On Holding's quarterly revenue is $821.52 million (it reported $726.6 million last year), according to Benzinga Pro.
On March 25, On Holding named co-founders David Allemann and Caspar Coppetti as co-CEOs and promoted Scott Maguire to president and COO.
Shares of On Holding fell 3.4% to close at $34.04 on Monday.
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