RTTNews | Oct 28, 2021 04:22PM EDT

16:22 Thursday, October 28, 2021 (RTTNews.com) - Columbia Sportswear Company (COLM) revealed a profit for its third quarter that advanced from last year.

The company's profit came in at $100.56 million, or $1.62 per share. This compares with $62.75 million, or $0.94 per share, in last year's third quarter.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.8% to $804.71 million from $701.09 million last year.

Columbia Sportswear Company earnings at a glance:

-Earnings (Q3): $100.56 Mln. vs. $62.75 Mln. last year.-EPS (Q3): $1.62 vs. $0.94 last year.-Analysts Estimate: $1.33-Revenue (Q3): $804.71 Mln vs. $701.09 Mln last year.

-Guidance:Full year EPS guidance: $4.55 to $4.80Full year revenue guidance: $3.04 to $3.08 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3236958/columbia-sportswear-company-bottom-line-climbs-in-q3-beats-estimates.aspx)

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