Investing.com - Columbia Sportswear reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Columbia Sportswear announced earnings per share of $1.80 on revenue of $955.00. Analysts polled by Investing.com anticipated EPS of $1.67 on revenue of $962.38M.
Columbia Sportswear shares are down 18% from the beginning of the year and are trading at $73.60 , down-from-52-week-high.
Columbia Sportswear follows other major Consumer Discretionary sector earnings this month
Columbia Sportswear's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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