Columbia Sportswear Co reports results for the quarter ended in June - Earnings Summary
25/07/2024 22:05
* Columbia Sportswear Co COLM.OQ reported a quarterly
adjusted
loss of 20 cents per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 14 cents. The mean expectation of nine analysts for the
quarter was for a loss of 34 cents per share. Wall Street
expected results to range from -44 cents to -26 cents per share.
* Revenue fell 8.2% to $570.24 million from a year ago;
analysts
expected $568.29 million.
* Columbia Sportswear Co's reported EPS for the quarter was
a loss
of 20 cents.
* The company reported a quarterly loss of $11.74 million.
* Columbia Sportswear Co shares had fallen by 1.1% this
quarter and lost 1.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
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."
* 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 $80.00
This summary was machine generated from LSEG data July 25 at
09:05 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
Jun. 30 2024 -0.34 -0.20 Beat
Mar. 31 2024 0.35 0.71 Beat
Dec. 31 2023 1.95 1.55 Missed
Sep. 30 2023 1.65 1.70 Beat