Columbia Sportswear: Q4 Earnings Insights

Columbia Sportswear COLM reported its Q4 earnings results on Thursday, February 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Columbia Sportswear beat estimated earnings by 33.52%, reporting an EPS of $2.39 versus an estimate of $1.79, which surprised analysts.

Revenue was up $214.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22, which was followed by a 1.59% increase in the share price the next day.

Here's a look at Columbia Sportswear's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.30 -0.08 0.39 1.24
EPS Actual 1.52 0.61 0.84 1.44
Revenue Estimate 859.95M 497.57M 594.97M 866.91M
Revenue Actual 804.71M 566.37M 625.61M 915.62M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Columbia Sportswear management provided guidance for their next quarter, expecting earnings between $5.5 and $5.8 per share for the next quarter.

This represents a 136.4% in quarter-over-quarter growth for Columbia Sportswear, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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