Columbia Sportswear Co reports results for the quarter ended in January 1 - Earnings Summary

Columbia Sportswear

31/10/2024 03:04

* Columbia Sportswear Co  COLM.OQ  reported quarterly
adjusted
earnings of $1.56​​ per share for the quarter ended January 1,
lower than the same quarter last year, when the company reported
EPS of $1.70.  The mean expectation of eight analysts for the
quarter was for earnings of $1.36 per share. Wall Street
expected results to range from $1.29  to $1.43 per share.
    * Revenue fell 5.5% to $931.77 million from a year ago;
analysts
expected $936.33 million. 
    * Columbia Sportswear Co's reported EPS for the quarter was
$1.56​.
    * The company reported quarterly net income of $90.16
million.
    * Columbia Sportswear Co shares had fallen by 8.5% this
quarter and lost 4.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories peer group is also "hold"

Wall Street's median 12-month price target for Columbia
Sportswear Co is 81.50 
This summary was machine generated from LSEG data October 31 at
03:03 a.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
 Sep. 30 2024      1.36           1.56           Beat
 Jun. 30 2024      -0.34          -0.20          Beat
 Mar. 31 2024      0.35           1.55           Beat
 Dec. 31 2023      1.95           1.55           Missed