$Columbia Sportswear (COLM.US)$ shares tumbled 8% in extended trading after the company reported reported earnings that missed estimates by 4%.
Here's a breakdown of the earnings report generated by Benzinga's automated content engine and reviewed by an editor.
Earnings
Columbia Sportswear reported an EPS of $1.8 versus an estimate of $1.88.
Revenue was up $37.00 million from the same period last year.
Overview of Past Earnings
Last quarter the company beat on EPS by $0.2 which was followed by a 6.0% increase in the share price the next day.
Here's a look at Columbia Sportswear's past performance:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
EPS Estimate | 1.36 | -0.34 | 0.35 | 1.96 |
EPS Actual | 1.56 | -0.20 | 0.71 | 1.86 |
Revenue Estimate | 936.33M | 568.29M | 740.02M | 1.08B |
Revenue Actual | 931.77M | 570.24M | 769.98M | 1.06B |
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 FY 2025, expecting earnings between $3.8 and $4.15 per share.
