Columbia Sportswear (COLM) Scheduled to Post Earnings on Wednesday

Columbia Sportswear (NASDAQ:COLM) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect Columbia Sportswear to post earnings of $1.37 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, July 25th. The textile maker reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.14. Columbia Sportswear had a return on equity of 13.01% and a net margin of 6.72%. The business had revenue of $570.20 million during the quarter, compared to analysts’ expectations of $569.37 million. During the same quarter last year, the business posted $0.14 earnings per share. The business’s revenue for the quarter was down 8.2% on a year-over-year basis. On average, analysts expect Columbia Sportswear to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Columbia Sportswear Trading Down 2.1 %

NASDAQ:COLM opened at $75.18 on Monday. The firm has a 50-day moving average price of $81.32 and a two-hundred day moving average price of $80.79. The company has a market capitalization of $4.44 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 3.00 and a beta of 0.92. Columbia Sportswear has a twelve month low of $66.01 and a twelve month high of $87.23.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on COLM. Wedbush reissued a “neutral” rating and issued a $80.00 target price on shares of Columbia Sportswear in a research note on Thursday, July 18th. StockNews.com lowered Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Saturday, October 5th. Finally, Stifel Nicolaus raised shares of Columbia Sportswear from a “hold” rating to a “buy” rating and upped their price objective for the company from $84.00 to $92.00 in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, Columbia Sportswear presently has a consensus rating of “Hold” and a consensus price target of $77.00.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.