Urban Outfitters Analysts Boost Their Forecasts After Stronger-Than-Expected Q2 Earnings

Urban Outfitters Inc. URBN posted better-than-expected second-quarter results after Wednesday’s closing bell.Urban Outfitters reported quarterly earnings of $1.58 per share, which beat the Street estimate of $1.48. Quarterly revenue came in at $1.5 billion, which beat the analyst estimate of $1.47 billion."We are proud to announce record revenues, profits, and earnings per share for the quarter," said Richard A. Hayne, CEO. "Our success was broad-based, with all five brands achieving positive comparable sal ...