Columbia Sportswear Q3 2023 EPS $1.70 Down From $1.80 YoY, Revenue $985.7M Misses $994.824M Estimates
Portfolio Pulse from Benzinga Newsdesk
Columbia Sportswear reported Q3 2023 earnings per share (EPS) of $1.70, down from $1.80 year-over-year (YoY). The company's revenue of $985.7M missed estimates of $994.824M.
October 26, 2023 | 8:30 pm
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Columbia Sportswear's Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price in the short term.
Columbia Sportswear's lower than expected Q3 2023 earnings and revenue could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100