Urban Outfitters Inc reports results for the quarter ended April 30 - Earnings Summary

• Urban Outfitters Inc URBN.OQ reported quarterly adjusted earnings of $1.16​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of twelve analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 77 cents to 94 cents per share.

• Revenue rose 10.7% to $1.33 billion from a year ago; analysts expected $1.29 billion.

• Urban Outfitters Inc's reported EPS for the quarter was $1.16​.

• The company reported quarterly net income of $108.35 million.

• Urban Outfitters Inc shares had risen by 17.1% this quarter and gained 11.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Urban Outfitters Inc is $58.50

This summary was machine generated from LSEG data May 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)