Urban Outfitters Up 10.8% (URBN)

Shares of Urban Outfitters, Inc. URBN are currently up 10.8% at $36.26 per share during Tuesday afternoon trading. Today's trading range for shares of Urban Outfitters, Inc has been between $34.16 and $36.55 per share. The consensus price target of analysts covering the company's stock is $39.91 per share. Volume of 15.5 million shares is already more than 3 times the daily average volume of 4.5 million shares. Urban Outfitters, Inc. (URBN) released mixed financial results after the market closed on Monday. Urban Outfitters, Inc reported 3rd quarter earnings of 44 cents per share, on revenue of $573.59 million. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 42 cents per share, on revenue of $582.9 million. Glen T. Senk, CEO of Urban Outfitters, Inc, said, "We are proud to deliver record third quarter sales and earnings results. In a dynamic environment, the consistency of our performance is a reflection of our team's discipline, creativity, and skill." Read more from Benzinga's Company news.
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