Columbia Sportswear Company Reports 20% Gain In Q1 Profit

(RTTNews) - Columbia Sportswear Company (COLM) reported earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $31.77 million, or $0.45 per share. This was higher than $26.47 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.6% to $525.14 million. This was up from $478.98 million last year.

Columbia Sportswear Company earnings at a glance:

-Earnings (Q1): $31.77 Mln. vs. $26.47 Mln. last year. -Earnings Growth (Y-o-Y): 20.0% -EPS (Q1): $0.45 vs. $0.37 last year. -EPS Growth (Y-o-Y): 21.6% -Analysts Estimate: $0.33 -Revenue (Q1): $525.14 Mln vs. $478.98 Mln last year. -Revenue Change (Y-o-Y): 9.6%