Columbia Sportswear Co reports results for the quarter ended in December - Earnings Summary

Columbia Sportswear

01/02/2024 22:01

* Columbia Sportswear Co  COLM.OQ  reported quarterly
adjusted
earnings of $1.55​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $2.02.  The mean expectation of ten analysts for the
quarter was for earnings of $1.95 per share. Wall Street
expected results to range from $1.80  to $2.06 per share.
    * Revenue fell 9.4% to $1.06 billion from a year ago;
analysts
expected $1.08 billion. 
    * Columbia Sportswear Co's reported EPS for the quarter was
$1.55​.
    * The company reported quarterly net income of $93.34
million.
    * Columbia Sportswear Co shares had fallen by 0.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Columbia
Sportswear Co is $71.00 

This summary was machine generated from LSEG data February 1 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.95           1.55           Missed
 Sep. 30 2023      1.65           1.70           Beat
 Jun. 30 2023      0.03           0.14           Beat
 Mar. 31 2023      0.86           0.74           Missed