Columbia Sportswear Co expected to post earnings of 35 cents a share - Earnings Preview
24/04/2024 01:02
* Columbia Sportswear Co COLM.OQ COLM.O is expected
to show a
fall in quarterly revenue when it reports results on April 25
for the period ending March 31 2024
* The Portland Oregon-based company is expected to report a
9.8% decrease in revenue to $740.023 million from $820.59
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. (Sales/ Revenue Majority Basis is
on Net Sales)
* LSEG's mean analyst estimate for Columbia Sportswear Co
is for
earnings of 35 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.
* Wall Street's median 12-month price target for Columbia
Sportswear Co is $70.00, below its last closing price
of $78.99.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.94 1.95 1.55 Missed -20.7
Sep. 30 2023 1.64 1.65 1.70 Beat 3
Jun. 30 2023 0.02 0.03 0.14 Beat 441
Mar. 31 2023 0.88 0.86 0.74 Missed -14.2
Dec. 2.28 2.28 2.02 Missed -11.4
31 2022
Sep. 30 2022 1.68 1.68 1.80 Beat 7.5
Jun. 30 2022 0.04 0.03 0.11 Beat 238.5
Mar. 31 2022 0.87 0.86 1.03 Beat 20.2
This summary was machine generated April 24 at 00:02 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)