Urban Outfitters First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Urban Outfitters, Inc. (NASDAQ:URBN) will unveil its latest earnings on Monday, May 21, 2012. Urban Outfitters is engaged in the general consumer product retail and wholesale business, selling to customers through various channels including retail stores, catalogs and web sites.

Urban Outfitters, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 20 cents per share, a decline of 13% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 23 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 20 cents during the last month. For the year, analysts are projecting net income of $1.47 per share, a rise of 23.5% from last year.

Past Earnings Performance: Last quarter, the company missed estimates by 3 cents, coming in at profit of 27 cents per share versus a mean estimate of net income of 30 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 2 cents.

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Wall St. Revenue Expectations: Analysts predict a rise of 10.4% in revenue from the year-earlier quarter to $578.5 million.

Analyst Ratings: Analysts are high on the stock, with 15 analysts rating it as a buy, three rating it as a sell and 10 rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit fell 47.8% to $39.3 million (28 cents a share) from $75.2 million (44 cents a share) the year earlier, missing analyst expectations. Revenue rose 9.3% to $730.6 million from $668.4 million.

Key Stats:

Revenue has increased in each of the past four quarters. Revenue rose 6.3% in the third quarter of the last fiscal year from the year earlier, climbed 10.3% in the second quarter of the last fiscal year from the year-ago quarter and 9.2% in the first quarter of the last fiscal year.

Stock Price Performance: Between April 17, 2012 and May 15, 2012, the stock price dropped $2.20 (-7.6%), from $28.94 to $26.74. The stock price saw one of its best stretches over the last year between February 10, 2012 and February 22, 2012, when shares rose for eight straight days, increasing 8.6% (+$2.33) over that span. It saw one of its worst periods between August 31, 2011 and September 9, 2011 when shares fell for seven straight days, dropping 6.2% (-$1.62) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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