Columbia Sportswear Co reports results for the quarter ended June 30 - Earnings Summary

• Columbia Sportswear Co COLM.OQ reported a quarterly adjusted loss of 19 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of ten analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -41 cents to -17 cents per share.

• Revenue rose 6.1% to $605.25 million from a year ago; analysts expected $590.19 million.

• Columbia Sportswear Co's reported EPS for the quarter was a loss of 19 cents​.

• The company reported a quarterly loss of $10.2 million.

• Columbia Sportswear Co shares had fallen by 4.4% this quarter and lost 30.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is "buy."

• Wall Street's median 12-month price target for Columbia Sportswear Co is $63.00, about 7.3% above its last closing price of $58.40

This summary was machine generated from LSEG data July 31 at 09:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)