Consumer Discretionary·Footwear·$12.0B
ON HLDG AG Class A is a footwear company operating in the consumer discretionary sector. Known for its innovative running shoes, ONON focuses on performance and sustainability, catering to a growing market of health-conscious consumers.
Earnings Per Share (EPS)
EPS is a key indicator of profitability, and investors will be keen to see if ONON can continue its trend of beating estimates.
Revenue Growth
Revenue growth reflects the company's ability to expand its market share and attract new customers, which is crucial for long-term success.
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EPS Beat Streak
2Q
EPS Beat Rate
63%
Avg EPS Surprise
+60.70%
Avg Stock Reaction
+7.62%
In Q4 2025, ONON reported an EPS of $0.32, significantly exceeding expectations. However, the stock dropped 6.09% the following day, indicating mixed investor sentiment despite the strong earnings.
Management Promises & Guidance
Overall, investors are cautiously optimistic about ONON's upcoming earnings, given its recent performance. However, the lack of analyst estimates and management guidance adds uncertainty.
Bull Case
If ONON can deliver strong EPS and demonstrate solid revenue growth, it could reinforce investor confidence and drive the stock higher.
Bear Case
Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the recent stock volatility.
Earnings Per Share (EPS)
$0.30EPS is a key indicator of profitability, and investors will be keen to see if ONON can continue its trend of beating estimates.
Revenue Growth
N/ARevenue growth reflects the company's ability to expand its market share and attract new customers, which is crucial for long-term success.
Gross Margin
N/AGross margin indicates how efficiently ONON is producing its products and managing costs, which is vital for maintaining profitability.
The print will turn on these two things.
Q1
What will the EPS be for Q1-2026?
Given ONON's history of EPS surprises, this number will be crucial in determining market sentiment and stock movement.
Q2
How is ONON managing production costs and gross margins?
With rising costs in the supply chain, understanding how ONON is handling margins will be key to assessing its profitability.
Why consensus could be wrong
The Street may be underestimating ONON's ability to innovate and capture market share in a competitive landscape, particularly with its focus on sustainability.
Supporting Evidence
Despite recent volatility, ONON has consistently beaten EPS estimates in the past, suggesting strong underlying performance.
The company's commitment to sustainability may resonate with consumers, potentially driving higher sales.
Management's focus on expanding online sales channels could lead to improved revenue growth.
Key Risk
If ONON's EPS comes in below $0.25, it could challenge the narrative of its growth potential.
Pre-commit to what would confirm each case.
The market is debating ONON's ability to sustain its growth trajectory amidst rising costs and competition in the footwear industry.
Bull Confirmed If
An EPS of $0.35 or higher would confirm the bull case, indicating strong profitability.
Bear Confirmed If
An EPS below $0.25 would confirm the bear case, suggesting potential issues with profitability.
Implied Move
±N/A
There is currently no options market data available to gauge investor sentiment leading up to the earnings report.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If ONON beats expectations, history suggests the stock could rise by an average of 9.56%, confirming strong investor confidence.
In-Line / Cautious
If results are in line with expectations, the stock may experience a muted reaction as investors await further clarity from management.
Miss
A miss could lead to a decline, with history indicating an average drop of 4.37%, reflecting disappointment in the company's performance.
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ARCHER AVIATION INC A
May 11, 2026