Columbia Sportswear Company Announces 39% Rise In Q3 Profit

(RTTNews) - Columbia Sportswear Company (COLM) reported a profit for its third quarter that rose from last year.

The company said its bottom line advanced to $91.06 million, or $1.28 per share. This was up from $65.64 million, or $0.93 per share, in last year's third quarter.

Analysts had expected the company to earn $1.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.7% to $767.55 million. This was up from $675.30 million last year.

Columbia Sportswear Company earnings at a glance:

-Earnings (Q3): $91.06 Mln. vs. $65.64 Mln. last year. -Earnings Growth (Y-o-Y): 38.7% -EPS (Q3): $1.28 vs. $0.93 last year. -EPS Growth (Y-o-Y): 37.6% -Analysts Estimate: $1.09 -Revenue (Q3): $767.55 Mln vs. $675.30 Mln last year. -Revenue Change (Y-o-Y): 13.7%

-Guidance: Full year EPS guidance: $2.32 - $2.37 Full year revenue guidance: $2.3 Bln