Columbia Sportswear: Q1 Earnings Insights

Columbia Sportswear COLM reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Columbia Sportswear beat estimated earnings by 19.77%, reporting an EPS of $1.03 versus an estimate of $0.86.

Revenue was up $135.90 million from the same period last year.

Last quarter the company beat on EPS by $0.6 which was followed by a 5.04% increase in the share price the next day.

Here's a look at Columbia Sportswear's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.79	1.30	-0.08	0.39
EPS Actual	2.39	1.52	0.61	0.84
Revenue Estimate	1.07B	859.95M	497.57M	594.97M
Revenue Actual	1.13B	804.71M	566.37M	625.61M

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).

Columbia Sportswear management provided guidance for FY 2022, expecting earnings between $5.7 and $6.0 per share.

To track all earnings releases for Columbia Sportswear visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar