Urban Outfitters, Inc. (NASDAQ:URBN) ifestyle specialty retailer, is reporting second quarter earnings results on Tuesday 25th August 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.4 per share from $ 672.63 million in revenue.
For the full year, analysts predict revenues of $ 3237.82 million, while looking forward to loss of $ 1.3 per share.
Stock Performance
Shares of Urban Outfitters, Inc. traded high $ 1.47 or 7.77 percent on Monday, reaching $ 20.32 with volume of 2.48 million shares. Urban Outfitters, Inc. has traded high as $ 20.33 and has cracked $ 19.02 on the downward trend
According to the previous trading day, closing price of $ 20.32, representing a 53.50 % increase from the 52 week low of $ 12.28 and a 39.99 % decrease over the 52 week high of $ 31.41.
The company has a market capital of $ 1.99 billion and is part of the Consumer Cyclical sector and Apparel Stores industry.
Recent Analyst recommendations
- On 12th August 2020, initiated by UBS Group at Neutral rating, with $ 21.00 target price.
- On 20th July 2020, downgraded by Loop Capital to Sell from Hold rating, with $ 14.00 target price.
Conference Call
Urban Outfitters, Inc. will be hosting a conference call at 5:15 PM eastern time on 25th August 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/9nrrdtyy
Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and wholesale.
