(URBN) Urban Outfitters – Earnings Estimates Continue to Climb
Urban Outfitters Inc. (URBN)
Estimates Continue to Climb
Since being featured on Sep 30, Urban Outfitters has received 9 upward estimate revisions for both this year and the next. The Zacks Consensus Estimate for this year is now $1.17, which would be unchanged year-over-year. Next year’s forecasts are averaging $1.43, a 23% increase.
Urban Outfitters is set to report quarterly results on Nov 12.
Ahead of the Pack
Urban Outfitters is operating with a net profit margin of 9.8%, much higher than the 1.4% its peers’ average. The company also boasts a ROE of nearly 17%, 10% higher than the industry average.
The Chart
Shares of URBN have had some success in October, but are now pulling back during the recent sell offs. Take a look at the chart below.
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