Columbia Sportswear Beats Analyst Estimates on EPS

Seth Jayson, The Motley Fool
Updated

Columbia Sportswear (NAS: COLM) reported earnings on Feb. 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Columbia Sportswear met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
Columbia Sportswear logged revenue of $526.1 million. The 15 analysts polled by S&P Capital IQ predicted net sales of $532.8 million. Sales were 15% higher than the prior-year quarter's $457.3 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at $1.08. The 12 earnings estimates compiled by S&P Capital IQ predicted $1.07 per share. GAAP EPS of $1.08 for Q4 were 40% higher than the prior-year quarter's $0.77 per share.

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Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 42.5%, 80 basis points better than the prior-year quarter. Operating margin was 9.6%, 150 basis points better than the prior-year quarter. Net margin was 7.0%, 130 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $361.3 million. On the bottom line, the average EPS estimate is $0.42.

Next year's average estimate for revenue is $1.85 billion. The average EPS estimate is $3.37.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 492 members out of 536 rating the stock outperform, and 45 members rating it underperform. Among 205 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 196 give Columbia Sportswear a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Columbia Sportswear is hold, with an average price target of $59.31.

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At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Columbia Sportswear. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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