Columbia Sportswear Company (COLM) reported earnings for first quarter that beat the Street estimates.
The company's bottom line came in at $42.25 million, or $0.75 per share. This compares with $42.30 million, or $0.71 per share, last year.
Analysts on average had expected the company to earn $0.66 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.1% to $778.45 million from $769.98 million last year.
Columbia Sportswear Company earnings at a glance (GAAP) :
-Earnings: $42.25 Mln. vs. $42.30 Mln. last year.
-EPS: $0.75 vs. $0.71 last year.
-Revenue: $778.45 Mln vs. $769.98 Mln last year.
-Guidance:
Next quarter revenue guidance: $575 to $600 Mln
For comments and feedback: editorial@rttnews.com