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

Columbia Sportswear

26/10/2023 22:02

* Columbia Sportswear Co  COLM.OQ  reported quarterly
adjusted
earnings of $1.70​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of $1.65 per share.
    * Revenue rose 3.2% to $985.68 million from a year ago;
analysts
expected $994.82 million. 
    * Columbia Sportswear Co's reported EPS for the quarter was
$1.70​.
    * The mean earnings estimate of analysts had fallen by
about 13%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Columbia Sportswear Co shares had fallen by 5.2% this
quarter and lost 19.8% so far this year.
    * The company reported quarterly net income of $103.51
million.
    * Wall Street's median 12-month price target for Columbia
Sportswear Co is $81.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      2.28           2.02           Missed