-+ 0.00%
-+ 0.00%
-+ 0.00%
Columbia Sportswear: Q2 Earnings Snapshot
Share
Listen to the news

PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Columbia Sportswear Co. (COLM) on Thursday reported second-quarter net income of $26.6 million.

The Portland, Oregon-based company said it had net income of 52 cents per share. Losses, adjusted for non-recurring gains, were 41 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 41 cents per share.

The maker of outdoor gear posted revenue of $614.4 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $605.6 million.

Columbia Sportswear expects full-year earnings to be $1.15 to $1.35 per share, with revenue in the range of $929 million to $943 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COLM at https://www.zacks.com/ap/COLM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending