Urban Outfitters Q2 EPS $1.10 Beats $0.89 Estimate, Sales $1.27B Beat $1.25B Estimate
Portfolio Pulse from Benzinga Newsdesk
Urban Outfitters reported Q2 earnings of $1.10 per share, beating the analyst consensus estimate of $0.89 by 23.6%. This is a 71.88% increase from the same period last year. The company also reported quarterly sales of $1.27 billion, beating the analyst consensus estimate of $1.25 billion by 1.76%, a 7.52% increase from the same period last year.
August 22, 2023 | 8:05 pm
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POSITIVE IMPACT
Urban Outfitters reported strong Q2 earnings and sales, both beating analyst estimates. This indicates a positive financial performance and could lead to a short-term increase in stock price.
Urban Outfitters reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This strong financial performance is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100