Urban Outfitters (URBN) got here out with quarterly earnings of $0.56 per share, lacking the Zacks
Urban Outfitters (URBN) got here out with quarterly earnings of $0.56 per share, lacking the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.70 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -1.75%. 1 / 4 in the past, it was anticipated that this clothes and niknaks retailer would publish earnings of $0.58 per share when it truly produced earnings of $0.61, delivering a shock of 5.17%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
City Outfitters, which belongs to the Zacks Retail – Attire and Sneakers business, posted revenues of $987.47 million for the quarter ended October 2019, lacking the Zacks Consensus Estimate by 1.35%. This compares to year-ago revenues of $973.53 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.
The sustainability of the inventory’s rapid worth…