Columbia Sportswear (COLM) To Report Earnings Tomorrow: Here Is What To Expect

Outerwear manufacturer Columbia Sportswear (NASDAQ:COLM) will be reporting results this Tuesday after market hours. Here’s what you need to know.

Columbia Sportswear beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $943.4 million, up 1.3% year on year. It was a slower quarter for the company, with full-year EPS guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates.

Is Columbia Sportswear a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Columbia Sportswear’s revenue to decline 5.8% year on year to $1.03 billion, a reversal from the 3.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.19 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Columbia Sportswear has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Columbia Sportswear’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. VF Corp delivered year-on-year revenue growth of 4.4%, beating analysts’ expectations by 2.5%, and Levi's reported flat revenue, topping estimates by 3.4%. VF Corp’s stock price was unchanged after the resultsand Levi’s price followed a similar reaction.

Read our full analysis of VF Corp’s results here and Levi’s results here.

Investors in the consumer discretionary segment have had fairly steady hands going into earnings, with share prices down 1.4% on average over the last month. Columbia Sportswear’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $59.33 (compared to the current share price of $55.43).

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