Urban Outfitters Q1 EPS $0.56 Beats $0.35 Estimate, Sales $1.11B Beat $1.09B Estimate
Portfolio Pulse from Bill Haddad
Urban Outfitters reported Q1 earnings of $0.56 per share, beating the analyst consensus estimate of $0.35 by 60%. Sales reached $1.11 billion, surpassing the $1.09 billion estimate by 2.17%.
May 23, 2023 | 8:07 pm
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POSITIVE IMPACT
Urban Outfitters' Q1 earnings exceeded expectations with a 60% beat on EPS and a 2.17% beat on sales.
Urban Outfitters' Q1 earnings beat both EPS and sales estimates, which is likely to have a positive short-term impact on the stock price. The 60% beat on EPS and 2.17% beat on sales indicate strong financial performance, making the stock more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100