Urban Outfitters (NASDAQ:URBN) will post its quarterly earnings results after the market closes on Tuesday, May 22nd. Analysts expect Urban Outfitters to post earnings of $0.30 per share for the quarter.
Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Tuesday, March 6th. The apparel retailer reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.06. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. Urban Outfitters had a return on equity of 14.19% and a net margin of 2.99%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.55 earnings per share. On average, analysts expect Urban Outfitters to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Urban Outfitters stock opened at $42.27 on Friday. The company has a market capitalization of $4.64 billion, a P/E ratio of 25.31, a price-to-earnings-growth ratio of 1.56 and a beta of 0.52. Urban Outfitters has a fifty-two week low of $16.19 and a fifty-two week high of $43.18.
In other news, COO Calvin Hollinger sold 17,397 shares of the stock in a transaction on Monday, March 12th. The stock was sold at an average price of $35.25, for a total value of $613,244.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Azeez Hayne sold 800 shares of the stock in a transaction on Monday, April 9th. The shares were sold at an average price of $39.01, for a total value of $31,208.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 390,295 shares of company stock worth $14,551,402. Insiders own 25.90% of the company’s stock.
Urban Outfitters Company Profile
Urban Outfitters, Inc, a lifestyle products and services company, engages in the retail and wholesale of general consumer products. The company retails women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28 under the Urban Outfitters brand; and women's casual apparel and accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty products for women aged 28 to 45 under the Anthropologie brand.
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