On Tuesday, Urban Outfitters URBN will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Based on Urban Outfitters management projections, analysts predict EPS of 63 cents per share on revenue of $1.08 billion.
In the same quarter last year, Urban Outfitters announced EPS of 55 cents per share on revenue of $1.03 billion. The analyst consensus estimate would represent a 14.55 percent increase in the company's earnings. Sales would be up 4.85 percent from the same quarter last year.
The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.33 | 0.38 | 0.16 | 0.56 |
EPS Actual | 0.41 | 0.44 | 0.15 | 0.55 |
Stock Performance
Over the last 52-week period, shares are up 35.46 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Urban Outfitters stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Urban Outfitters' Q4 conference call is scheduled to begin at 4:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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