Columbia Sportswear (NASDAQ:COLM) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Columbia Sportswear beat estimated earnings by 266.67%, reporting an EPS of $0.11 versus an estimate of $0.03.
Revenue was up $11.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 6.91% drop in the share price the next day.
Here's a look at Columbia Sportswear's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
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 $5.0 and $5.4 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.