07:07 AM EDT, 05/21/2024 (MT Newswires) -- Amer Sports ( AS ) reported Q1 adjusted earnings Tuesday of $ $0.08, up from $0.07 a year earlier.

Analysts polled by Capital IQ expected $0.02.

Revenue for the quarter ended March 31 was $1.183 billion, up from $1.05 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.13 billion.

Amer said it expects a Q2 adjusted net loss of $0.04 to $0.08 per diluted share. Analysts surveyed by Capital IQ expect a loss of $0.04 per share.

The company said it now expects 2024 adjusted EPS toward the high end of its previous guidance range of $0.30 to $0.40.

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