logo
  

Columbia Sportswear Company Bottom Line Climbs In Q3, Beats estimates

Columbia Sportswear Company (COLM) revealed a profit for its third quarter that advanced from last year.

The company's profit came in at $100.56 million, or $1.62 per share. This compares with $62.75 million, or $0.94 per share, in last year's third quarter.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.8% to $804.71 million from $701.09 million last year.

Columbia Sportswear Company earnings at a glance:

-Earnings (Q3): $100.56 Mln. vs. $62.75 Mln. last year.
-EPS (Q3): $1.62 vs. $0.94 last year.
-Analysts Estimate: $1.33
-Revenue (Q3): $804.71 Mln vs. $701.09 Mln last year.

-Guidance:
Full year EPS guidance: $4.55 to $4.80
Full year revenue guidance: $3.04 to $3.08 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT