Columbia Sportswear (COLM) Set to Announce Quarterly Earnings on Wednesday

Columbia Sportswear (NASDAQ:COLM - Get Free Report) will 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 interested in registering for the company's earnings conference call can do so using this link.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The textile maker reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.14. The company had revenue of $570.20 million during the quarter, compared to analyst estimates of $569.37 million. Columbia Sportswear had a return on equity of 13.01% and a net margin of 6.72%. The firm's revenue was down 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.14 earnings per share. 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 Price Performance

Shares of NASDAQ:COLM traded down $1.16 during trading on Wednesday, hitting $77.94. The company had a trading volume of 298,607 shares, compared to its average volume of 454,121. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 3.00 and a beta of 0.92. The company has a fifty day simple moving average of $81.52 and a two-hundred day simple moving average of $80.78. Columbia Sportswear has a one year low of $66.01 and a one year high of $87.23.

Analyst Ratings Changes

Several brokerages have recently weighed in on COLM. Wedbush reiterated a "neutral" rating and issued a $80.00 price target on shares of Columbia Sportswear in a report on Thursday, July 18th. Stifel Nicolaus upgraded Columbia Sportswear from a "hold" rating to a "buy" rating and upped their target price for the stock from $84.00 to $92.00 in a report on Monday, July 8th. Finally, StockNews.com downgraded shares of Columbia Sportswear from a "buy" rating to a "hold" rating in a research report on Saturday, October 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price 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.