Urban Outfitters (URBN) to Report Q3 Results: Wall Street Expects Earnings Growth

Company Overview - Urban Outfitters (URBN) is expected to report a year-over-year increase in earnings, with a consensus estimate of $1.19 per share, reflecting an increase of +8.2% [3] - Revenues are anticipated to reach $1.49 billion, marking a growth of +9.2% compared to the same quarter last year [3] Earnings Expectations - The earnings report is crucial for stock price movement; better-than-expected results may drive the stock higher, while a miss could lead to a decline [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Potential - Urban Outfitters has a positive Earnings ESP of +6.24%, suggesting analysts are optimistic about the company's earnings prospects [12] - The company holds a Zacks Rank of 3, indicating a hold position, which combined with the positive Earnings ESP suggests a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, Urban Outfitters exceeded the expected earnings of $1.44 per share by delivering $1.58, resulting in a surprise of +9.72% [13] - The company has successfully beaten consensus EPS estimates in each of the last four quarters [14] Industry Context - In the broader retail apparel and shoes industry, Gap (GAP) is expected to report earnings of $0.58 per share, reflecting a year-over-year decline of -19.4% [18] - Gap's revenue is projected to be $3.91 billion, with a modest increase of +2.2% from the previous year [18] - Gap has a positive Earnings ESP of +2.31% and a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate as well [19]