On Holding Rises as Investors Look Ahead to Earnings

On Holding shares rose 1.99% to close at $30.20 in the latest session, beating the S&P 500’s 0.2% gain. The Dow and Nasdaq each added 0.04%.

Before that session, the shares had gained 6.51%, while the Retail-Wholesale sector was down 5.49% and the S&P 500 had fallen 0.35%.

Ahead of the company’s upcoming earnings report, Zacks consensus estimates call for earnings of $0.47 per share, down 6% from the year-earlier quarter. Revenue is forecast at $1.14 billion, up 15.02%.

For the full year, Zacks estimates earnings of $1.71 per share and revenue of $4.29 billion. Those figures would represent increases of 76.29% and 17.87%, respectively, from the prior year.

The consensus estimate for quarterly earnings per share has risen 1.04% over the past month, according to Zacks. Investors will be watching the report for results against the forecasts.