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Stock impact report

On Holding (ONON) Declines More Than Market: Some Information for Investors [Yahoo! Finance]

On Holding AG (ONON) 
Company Research Source: Yahoo! Finance
Prior to today's trading, shares of the running-shoe and apparel company had lost 6.24% lagged the Retail-Wholesale sector's gain of 6.19% and the S&P 500's gain of 1.8%. Investors will be eagerly watching for the performance of On Holding in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.26, showcasing a 31.58% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $896.42 million, up 29.68% from the year-ago period. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.94 per share and a revenue of $3.73 billion, representing changes of -14.55% and 0%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for On Holding. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst Show less Read more
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