Urban Outfitters, Inc. (URBN) Scheduled to Post Quarterly Earnings on Tuesday
Urban Outfitters, Inc. (NASDAQ:URBN) is set to announce its earnings results after the market closes on Tuesday, August 15th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.
Urban Outfitters (NASDAQ:URBN) last released its earnings results on Tuesday, May 16th. The apparel retailer reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.03. The company had revenue of $761.20 million during the quarter, compared to analyst estimates of $768.95 million. Urban Outfitters had a net margin of 5.66% and a return on equity of 15.88%. Urban Outfitters’s revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.25 EPS. On average, analysts expect Urban Outfitters to post $1.40 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Shares of Urban Outfitters, Inc. (NASDAQ URBN) opened at 18.71 on Tuesday. Urban Outfitters, Inc. has a 52-week low of $16.19 and a 52-week high of $40.80. The company has a 50 day moving average price of $18.27 and a 200-day moving average price of $22.20. The firm has a market cap of $2.17 billion, a P/E ratio of 10.92 and a beta of 0.66.
Several equities analysts recently weighed in on URBN shares. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Urban Outfitters in a research report on Tuesday, May 16th. Royal Bank Of Canada set a $22.00 price target on shares of Urban Outfitters and gave the company a “hold” rating in a research report on Monday, May 15th. UBS AG reaffirmed a “neutral” rating and issued a $21.00 price target (down previously from $25.00) on shares of Urban Outfitters in a research report on Wednesday, May 17th. Wolfe Research cut shares of Urban Outfitters from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, May 9th. Finally, BidaskClub raised shares of Urban Outfitters from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Four analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $25.53.
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Urban Outfitters Company Profile
Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.
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