URBN Reports Record Q1 Sales and Earnings
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May 22, 2024 1:15 PM EDT
CFRA analyst Zachary Warring upgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Hold to Buy with a price target of $54.00 (from $36.00).
The analyst comments "We raise our 12-month target by $18 to $54, based on 15.0x our FY 25 (Jan.) EPS estimate and above the company's five-year... More
May 22, 2024 6:42 AM EDT
Baird analyst Mark Altschwager raised the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $50.00 (from $48.00) while maintaining a Neutral rating.
The analyst comments "Were raising our estimates, incorporating an FQ1 beat and ~unchanged earnings outlook for FQ2-4 (unexpected UO inventory... More
May 22, 2024 6:02 AM EDT
Citi analyst Paul Lejuez reiterated a Neutral rating and $44.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN)
The analyst comments "1Q EPS $0.69 were a solid beat vs cons $0.54 driven by stronger comps (+5% vs cons +3.5%) and GM (+110bps vs cons +30bps). Despite... More
May 22, 2024 6:00 AM EDT
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $52.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN)
The analyst comments "URBN posted a nice beat, with strong sales growth at Anthropologie & Free People (FP) but continued weakness at Urban (UO).... More
May 21, 2024 4:06 PM EDT
Urban Outfitters (NASDAQ: URBN) reported Q1 EPS of $0.69, $0.16 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.18 billion.
For earnings history and earnings-related data on Urban Outfitters (URBN) click here.
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