Why Urban Outfitters (URBN) is Poised to Beat Earnings Estimates Again

Core Insights - Urban Outfitters (URBN) is well-positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 23.13% in the last two quarters [1][5] Earnings Performance - For the most recent quarter, Urban Outfitters reported earnings of $1.04 per share, exceeding the expected $0.89 per share by a surprise of 16.85% [2] - In the previous quarter, the company reported $1.10 per share against an estimate of $0.85 per share, resulting in a surprise of 29.41% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Urban Outfitters, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8] - The current Earnings ESP for Urban Outfitters is +1.03%, suggesting analysts are optimistic about its near-term earnings potential [8] Zacks Rank and Success Rate - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data indicating that such combinations lead to positive surprises nearly 70% of the time [6][8]