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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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Urban Outfitters (URBN) to Release Earnings on Tuesday

Tuesday, February 23, 2021 | MarketBeat

Urban Outfitters (NASDAQ:URBN) is scheduled to post its quarterly earnings results after the market closes on Tuesday, March 2nd. Analysts expect Urban Outfitters to post earnings of $0.30 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Urban Outfitters (NASDAQ:URBN) last issued its earnings results on Sunday, November 22nd. The apparel retailer reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.45 by $0.33. The company had revenue of $969.61 million during the quarter, compared to analyst estimates of $929.53 million. Urban Outfitters had a positive return on equity of 2.30% and a negative net margin of 0.22%. During the same quarter last year, the business posted $0.56 EPS. On average, analysts expect Urban Outfitters to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of URBN stock opened at $31.44 on Tuesday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of -393.00, a price-to-earnings-growth ratio of 8.80 and a beta of 1.61. The business has a fifty day moving average of $28.44 and a 200 day moving average of $25.34. Urban Outfitters has a 1 year low of $12.28 and a 1 year high of $32.86.

A number of equities analysts recently issued reports on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reduced their target price on Urban Outfitters from $33.00 to $31.00 in a research note on Wednesday, January 13th. B. Riley increased their price target on Urban Outfitters from $20.00 to $25.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 18th. Morgan Stanley increased their price target on Urban Outfitters from $28.00 to $30.00 and gave the stock an "overweight" rating in a research report on Friday, November 20th. Royal Bank of Canada increased their price target on Urban Outfitters from $28.00 to $30.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 10th. Finally, Barclays increased their price target on Urban Outfitters from $26.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company's stock. Urban Outfitters presently has a consensus rating of "Hold" and an average target price of $29.19.

Urban Outfitters Company Profile

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, wholesale, and Subscription. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

Read More: What are the benefits of investing in REITs?

Earnings History for Urban Outfitters (NASDAQ:URBN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]


7 Post-Inauguration Stocks to Buy For Under $20

There’s a new occupant (officially) at 1600 Pennsylvania Avenue and the stock market is doing its part to promote unity. The Dow shot to a record high on Inauguration Day. We don’t imagine the honeymoon will last long. However it serves as a reminder that investors are more interested in the “what” more than “what party” when it comes to the way it moves.

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View the "7 Post-Inauguration Stocks to Buy For Under $20".

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