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Columbia Sportswear Company (COLM) reported a profit for fourth quarter that dropped from the same period last year.


RTTNews | Feb 4, 2021 04:12PM EST

16:11 Thursday, February 4, 2021 (RTTNews.com) - Columbia Sportswear Company (COLM) reported a profit for fourth quarter that dropped from the same period last year.

The company's bottom line came in at $95.76 million, or $1.44 per share. This compares with $114.03 million, or $1.67 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.1% to $915.62 million from $954.67 million last year.

Columbia Sportswear Company earnings at a glance:

-Earnings (Q4): $95.76 Mln. vs. $114.03 Mln. last year.-EPS (Q4): $1.44 vs. $1.67 last year.-Analysts Estimate: $1.24-Revenue (Q4): $915.62 Mln vs. $954.67 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3167079/columbia-sportswear-company-reveals-drop-in-q4-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

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