Urban Outfitters Inc reports results for the quarter ended in January - Earnings Summary

Urban Outfitters

21/08/2024 21:51

* Urban Outfitters Inc  URBN.OQ  reported quarterly adjusted
earnings of $1.24​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of $1.10.  The mean expectation of eleven analysts
for the quarter was for earnings of $1.00 per share. Wall Street
expected results to range from 91 cents to $1.06 per share.
    * Revenue rose 6.3% to $1.35 billion from a year ago;
analysts
expected $1.34 billion. 
    * Urban Outfitters Inc's reported EPS for the quarter was
$1.24​.
    * The company reported quarterly net income of $117.49
million.
    * Urban Outfitters Inc shares had fallen by 2.0% this
quarter and
gained 12.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Urban Outfitters
Inc is $43.50 
This summary was machine generated from LSEG data August 21 at
08:51 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2024      1.00           1.24           Beat
 Apr. 30 2024      0.52           0.69           Beat
 Jan. 31 2024      0.74           0.69           Missed
 Oct. 31 2023      0.82           0.89           Beat