On Thursday, Columbia Sportswear COLM will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Analysts covering Columbia Sportswear modeled for quarterly EPS of $1.14 on revenue of $760.3 million.
In the same quarter last year, Columbia Sportswear reported earnings per share of $1.20 on revenue of $717 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be down 5 percent. Sales would be have grown 5.98 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 1.16 | -0.2 | 0.41 | 1.1 |
EPS Actual | 1.28 | -0.13 | 0.51 | 1.2 |
Q4 EPS Estimate: $1.14
Q4 Revenues Estimate: $760 million
Stock Performance
Shares of Columbia Sportswear were trading at $73.87 as of Feb. 8. Over the last 52-week period, shares are up 39.22 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Columbia Sportswear stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Columbia Sportswear's Q4 is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/6qdpwovq
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.