11:07 AM EDT, 05/20/2025 (MT Newswires) -- Amer Sports ( AS ) shares surged intraday Tuesday as the company raised its full-year outlook, saying it is well-positioned to mitigate the impact of tariffs.

The maker of Wilson tennis rackets and Salomon ski boots now anticipates adjusted per-share earnings of $0.67 to $0.72 for 2025 on revenue growth of 15% to 17%. Amer Sports ( AS ) previously expected EPS between $0.64 and $0.69 and revenue to rise 13% to 15%.

The consensus on FactSet is for full-year EPS to jump to $0.67 from last year's $0.47, and for revenue to increase to $5.94 billion from $5.18 billion.

Shares of the company were up 17% in Tuesday trade.

The company is "well-positioned to manage through a variety of tariff scenarios, both near and long-term," amid low US revenue exposure and significant pricing power, Chief Financial Officer Andrew Page said at an earnings call, according to a FactSet transcript.

After announcing sweeping new import tariffs early in April, US President Donald Trump declared a 90-day pause on certain duties for non-retaliating countries. The US and China recently agreed to suspend most duties on each other's goods for a period of 90 days.

"This updated guidance assumes the current 30% tariff on goods arriving to the US from China and 10% tariff on goods coming in from rest of world will stay in place for the remainder of 2025," Page said.

Adjusted EPS rose to $0.27 for the March quarter from $0.11 a year earlier and surpassed six analysts' mean $0.16 estimate. Revenue increased 23% year on year to $1.47 billion, topping analysts' view of $1.39 billion.

Technical apparel revenue grew 28% to $664 million. Sales at both outdoor performance and ball and racquet sports segments increased by double-digit percentage figures.

"We began 2025 with a great performance in the first quarter, and that momentum has continued into the second quarter," Chief Executive James Zheng said in a statement. "Led by Arc'teryx and Salomon footwear, our unique portfolio of premium technical brands continues to create white space and take market share in sports and outdoor markets around the world."

For the ongoing quarter, Amer Sports ( AS ) is guiding a bottom line between a break-even point and $0.02 per share on revenue growth of 16% to 18%. Analysts are looking for EPS of $0.01 on revenue of $1.16 billion.

Price: 36.73, Change: +5.34, Percent Change: +17.01