Urban Outfitters: Fiscal Q4 Earnings Snapshot

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PHILADELPHIA (AP) — PHILADELPHIA (AP) — Urban Outfitters Inc. (URBN) on Tuesday reported fiscal fourth-quarter earnings of $47.8 million.

On a per-share basis, the Philadelphia-based company said it had profit of 50 cents. Earnings, adjusted for one-time gains and costs, came to 69 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The clothing and accessories retailer posted revenue of $1.49 billion in the period, which matched Street forecasts.

For the year, the company reported profit of $287.7 million, or $3.05 per share. Revenue was reported as $5.15 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URBN at https://www.zacks.com/ap/URBN

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