Company Overview - Columbia Sportswear (COLM) is expected to report a year-over-year decline in earnings, with a projected loss of $0.28 per share, reflecting a -40% change, while revenues are anticipated to be $589.48 million, up 3.4% from the previous year [3][12] - The consensus EPS estimate has been revised 1.89% lower over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][12] Earnings Expectations - The upcoming earnings report is scheduled for July 31, and the stock may experience price movement based on whether the actual results exceed or fall short of expectations [2][3] - Columbia Sportswear currently has an Earnings ESP of -46.43%, suggesting a lower Most Accurate Estimate compared to the Zacks Consensus Estimate, which complicates the prediction of an earnings beat [12] Historical Performance - In the last reported quarter, Columbia Sportswear had an earnings surprise of +10.29%, with actual earnings of $0.75 per share against an expectation of $0.68 [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times, indicating some historical strength in performance [14] Industry Context - In the broader Zacks Textile - Apparel industry, V.F. (VFC) is also expected to report a loss of $0.34 per share, reflecting a -3% year-over-year change, with revenues projected at $1.69 billion, down 11.3% from the previous year [18][19] - V.F. has an Earnings ESP of -9.47% and a Zacks Rank of 5 (Strong Sell), making it difficult to predict an earnings beat for the company [20]
Analysts Estimate Columbia Sportswear (COLM) to Report a Decline in Earnings: What to Look Out for