On Holding Q4 EPS Beats by 19% on $930.9M Revenue, Guides Conservatively

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On Holding reported Q4 EPS of $0.31, surpassing estimates by 19% and generating revenues of $930.9 million, a 1.7% beat versus expectations. Shares are trading lower after management issued conservative fiscal 2026 guidance despite analysts forecasting a 28.4% upside based on elevated earnings projections.

1. Q4 Financial Results

On Holding posted Q4 EPS of $0.31 per share, beating estimates by 19%, and reported revenue of $930.9 million, a 1.7% beat over consensus.

2. Guidance Outlook

Management issued conservative fiscal 2026 guidance, citing elevated costs and cautious consumer spending, which drove shares lower in early trading.

3. Analyst Projections

Analysts have raised earnings forecasts and set a mean price target implying a 28.4% upside, though market reaction suggests skepticism.

Sources

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