• On Holding Ltd ONON.N reported quarterly adjusted earnings of 25 rappen​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 36 rappen. The mean expectation of eighteen analysts for the quarter was for earnings of 20 rappen per share. Wall Street expected results to range from 16 rappen to 23 rappen per share.

• Revenue rose 22.6% to CHF743.80 million from a year ago; analysts expected CHF724.34 million.

• On Holding Ltd's reported EPS for the quarter was 2 rappen​.

• The company reported quarterly net income of CHF69.1 million.

• On Holding Ltd shares had risen by 0.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the footwear peer group is also "buy"

• Wall Street's median 12-month price target for On Holding Ltd is $60.00, about 22.1% above its last closing price of $46.76

This summary was machine generated from LSEG data March 3 at 02:30 p.m. UTC. ​All figures in Swiss francs unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)