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On Holding (ONON) has recently seen a significant increase in its earnings estimates, with a Zacks Consensus Estimate for the current quarter projected at $0.26 per share, representing a 31.6% decline from the previous year. However, the estimate has risen by 69.71% over the last 30 days due to three upward revisions.
For the full year, earnings are estimated at $0.96 per share, down 12.7% year-over-year, with six estimates moving higher in the past month. This optimistic trend has earned On Holding a Zacks Rank #1 (Strong Buy), indicating strong performance potential.
Over the past four weeks, On Holding’s stock has gained 9.9%, driven by improving earnings growth prospects as analysts show increasing confidence in the company’s earnings outlook.
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