Columbia Sportswear (NASDAQ:COLM) reported its Q4 earnings results on Thursday, February 3, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Columbia Sportswear beat estimated earnings by 33.52%, reporting an EPS of $2.39 versus an estimate of $1.79, which surprised analysts.
Revenue was up $214.38 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22, which was followed by a 1.59% increase in the share price the next day.
Here’s a look at Columbia Sportswear’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.30 | -0.08 | 0.39 | 1.24 |
| EPS Actual | 1.52 | 0.61 | 0.84 | 1.44 |
| Revenue Estimate | 859.95M | 497.57M | 594.97M | 866.91M |
| Revenue Actual | 804.71M | 566.37M | 625.61M | 915.62M |
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 their next quarter, expecting earnings between $5.5 and $5.8 per share for the next quarter.
This represents a 136.4% in quarter-over-quarter growth for Columbia Sportswear, a bullish signal to many investors.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
