ZURICH (AP) _ On Holding AG (ONON) on Wednesday reported third-quarter earnings of $19 million.

On a per-share basis, the Zurich-based company said it had profit of 6 cents. Earnings, adjusted for stock option expense, were 7 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The running-shoe and apparel company posted revenue of $339.6 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $317.8 million.

On Holding expects full-year revenue of $1.16 billion.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News