Urban Outfitters Stock Climbs On Better-Than-Expected Q1 Results

Urban Outfitters reports quarterly earnings of 69 cents per share, beating the analyst consensus estimate of 52 cents by 32.69%. Quarterly sales clocked in at $1.2 billion, beating the analyst consensus estimate of $1.175 billion by 2.12% and representing a 7.75% increase over sales of $1.114 billion from the same period last year.