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Columbia Sportswear Company Profit Climbs In Q3, Beats estimates

Columbia Sportswear Company (COLM) announced earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $111.8 million, or $1.80 per share. This compares with $100.6 million, or $1.52 per share, in last year's third quarter.

Analysts on average had expected the company to earn $1.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.7% to $955.1 million from $804.7 million last year.

Columbia Sportswear Company earnings at a glance (GAAP) :

-Earnings (Q3): $111.8 Mln. vs. $100.6 Mln. last year.
-EPS (Q3): $1.80 vs. $1.52 last year.
-Analyst Estimate: $1.67
-Revenue (Q3): $955.1 Mln vs. $804.7 Mln last year.

-Guidance:
Next quarter EPS guidance: $2.07 - $2.47
Next quarter revenue guidance: $1.14 - $1.21 bln
Full year EPS guidance: $5.00 - $5.40
Full year revenue guidance: $3.44 - $3.50 bln

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