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Countdown to Columbia Sportswear (COLM) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
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Wall Street analysts expect Columbia Sportswear (COLM - Free Report) to post quarterly loss of $0.31 per share in its upcoming report, which indicates a year-over-year decline of 321.4%. Revenues are expected to be $572.96 million, down 7.7% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Columbia Sportswear metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Geographic Net sales to unrelated entities- Canada' reaching $23.97 million. The estimate indicates a change of -13.5% from the prior-year quarter.
The consensus estimate for 'Geographic Net sales to unrelated entities- Europe, Middle East and Africa (EMEA)' stands at $90.55 million. The estimate indicates a change of -10.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Geographic Net sales to unrelated entities- United States' should come in at $368.00 million. The estimate indicates a change of -7.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Geographic Net sales to unrelated entities- Latin America and Asia Pacific (LAAP)' of $89.68 million. The estimate indicates a change of -3.9% from the prior-year quarter.
Over the past month, Columbia Sportswear shares have recorded returns of -2.2% versus the Zacks S&P 500 composite's -0.3% change. Based on its Zacks Rank #3 (Hold), COLM will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Countdown to Columbia Sportswear (COLM) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Wall Street analysts expect Columbia Sportswear (COLM - Free Report) to post quarterly loss of $0.31 per share in its upcoming report, which indicates a year-over-year decline of 321.4%. Revenues are expected to be $572.96 million, down 7.7% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Columbia Sportswear metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Geographic Net sales to unrelated entities- Canada' reaching $23.97 million. The estimate indicates a change of -13.5% from the prior-year quarter.
The consensus estimate for 'Geographic Net sales to unrelated entities- Europe, Middle East and Africa (EMEA)' stands at $90.55 million. The estimate indicates a change of -10.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Geographic Net sales to unrelated entities- United States' should come in at $368.00 million. The estimate indicates a change of -7.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Geographic Net sales to unrelated entities- Latin America and Asia Pacific (LAAP)' of $89.68 million. The estimate indicates a change of -3.9% from the prior-year quarter.
View all Key Company Metrics for Columbia Sportswear here>>>
Over the past month, Columbia Sportswear shares have recorded returns of -2.2% versus the Zacks S&P 500 composite's -0.3% change. Based on its Zacks Rank #3 (Hold), COLM will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>