On Holding: Q3 Earnings Snapshot

ZURICH (AP) — ZURICH (AP) — On Holding AG (ONON) on Tuesday reported third-quarter earnings of $180.9 million.

The Zurich-based company said it had net income of 59 cents per share. Earnings, adjusted for stock option expense, were 66 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.

The running-shoe and apparel company posted revenue of $1.15 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.14 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONON at https://www.zacks.com/ap/ONON