UPDATE: Urban Outfitters (URBN) Reports In-Line Q3 EPS; Comps Growth Missed Expectations

Urban Outfitters (NASDAQ: URBN) reported Q3 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue came in at $825.3 million, versus $814.5 million posted in the same period last year and the consensus of $872 million.

Comps rose 1 percent, with the consensus looking for a 3.4 percent gain.

"I am pleased we delivered sales, margin and profit growth in the third quarter despite weaker customer traffic," said Richard A. Hayne, Chief Executive Officer. "I believe the strong customer response to expanded category offerings at each brand bodes well for our future growth," finished Mr. Hayne.

For earnings history and earnings-related data on Urban Outfitters (URBN) click here.

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