* Columbia Sportswear Co 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
Comments