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Urban Outfitters's Earnings Outlook

Benzinga Insights
·2 min read

Urban Outfitters (NASDAQ: URBN) announces its next round of earnings this Monday, November 23. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Urban Outfitters EPS is expected to be around $0.44, according to sell-side analysts. Sales will likely be near $924.23 million. Urban Outfitters EPS in the same period a year ago totaled $0.56. Sales were $987.47 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on URBN

The Wall Street estimate would represent a 21.43% decline in the company's earnings. Revenue would be down 6.4% from the year-ago period. Urban Outfitters's reported EPS has stacked up against analyst estimates in the past like this:

Quarter

Q2 2020

Q1 2020

Q4 2020

Q3 2019

EPS Estimate

-0.40

-0.20

0.63

0.57

EPS Actual

0.35

-1.27

0.50

0.56

Revenue Estimate

672.63 M

693.55 M

1.17 B

1.00 B

Revenue Actual

803.27 M

588.48 M

1.17 B

987.47 M

Stock Performance

Over the last 52-week period, shares are up 14.74%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Urban Outfitters is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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