Urban Outfitters Inc. Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

S&P 500 component Urban Outfitters, Inc. will unveil its latest earnings on Monday, March 12, 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 estimate of analysts is for net income of 30 cents per share, a decline of 33.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 38 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 36 cents during the last month. Analysts are projecting profit to rise by 24.4% versus last year to $1.21.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 2 cents, reporting profit of 33 cents per share against a mean estimate of net income of 31 cents. In the second quarter, the company exceeded forecasts by 3 cents with profit of 35 cents versus a mean estimate of net income of 32 cents.

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Wall St. Revenue Expectations: On average, analysts predict $741.7 million in revenue this quarter, a rise of 11% from the year-ago quarter. Analysts are forecasting total revenue of $2.48 billion for the year, a rise of 9.3% from last year’s revenue of $2.27 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 17 analysts rating it as a buy, three rating it as a sell and 10 rating it as a hold.

A Look Back: In the third quarter, profit fell 30.7% to $50.7 million (33 cents a share) from $73.1 million (43 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 6.3% to $610 million from $573.6 million.

Key Stats:

For four quarters in a row, revenue has increased. Revenue rose 10.3% in the second quarter from the year earlier, climbed 9.2% in the first quarter from the year-ago quarter and 13.6% in the fourth quarter of the last fiscal year.

Stock Price Performance: Between December 7, 2011 and March 6, 2012, the stock price rose $1.02 (3.8%), from $26.91 to $27.93. 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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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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