Urban Outfitters Inc. (URBN) reported first quarter net income of $0.23 per share after the bell Monday, which matched the prior year result. The consensus estimate was for EPS of $0.20.
Urban Outfitters rose steadily during the first 45 minutes of trade Tuesday and closed up by 1.94 at $28.10 on above average volume. The stock rose to a week and a half high and re-crossed its 200-day moving average.
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