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Urban Outfitters Inc. Reports Gain In Q3 Bottom Line

Urban Outfitters Inc. (URBN) reported earnings for its third quarter that increased from last year.

The company's earnings came in at $77.52 million, or $0.70 per share. This compares with $45.09 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.0% to $973.53 million from $892.77 million last year.

Urban Outfitters Inc. earnings at a glance:

-Earnings (Q3): $77.52 Mln. vs. $45.09 Mln. last year.
-EPS (Q3): $0.70 vs. $0.41 last year.
-Analysts Estimate: $0.63
-Revenue (Q3): $973.53 Mln vs. $892.77 Mln last year.

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