Columbia Sportswear Co expected to post earnings of $1.65 a share - Earnings Preview
25/10/2023 03:02
* Columbia Sportswear Co COLM.OQ COLM.O is expected
to show a
rise in quarterly revenue when it reports results
* The Portland Oregon-based company is expected to report
a
4.2% increase in revenue to $994.824 million from $955.06
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
August 1 2023, for the period ended September 30, was for
revenue between $995.00 million and $1.01 billion.
* Refinitiv's mean analyst estimate for Columbia Sportswear
Co is
for earnings of $1.65 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Columbia
Sportswear Co is $81, above its last closing price of $70.42.
The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD132 million and USD138 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Jun. 30 2023 0.02 0.03 0.14 Beat 441
Mar. 31 2023 0.88 0.86 0.74 Missed -14.2
Dec. 31 2022 2.28 2.28 2.02 Missed -11.4
Sep. 30 2022 1.68 1.68 1.80 Beat 7.5
Jun. 0.04 0.03 0.11 Beat 238.5
30 2022
Mar. 31 2022 0.87 0.86 1.03 Beat 20.2
Dec. 31 2021 1.78 1.79 2.39 Beat 33.5
Sep. 30 2021 1.36 1.33 1.52 Beat 14.3
This summary was machine generated October 25 at 02:01 GMT. All
figures in US dollars unless otherwise stated