Urban Outfitters Inc. (URBN) Earnings Beat Expectations

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HFA Staff
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Urban Outfitters Inc. (NASDAQ:URBN) released its earnings numbers for the third quarter of the year on Monday afternoon after the market closed in New York. The company showed earnings of 47 cents per share for the three month period. The quarter, which the company records as its third of 2014, saw Urban Outfitters take in revenue totaling $774 million. On today’s market shares in the clothing retailer trended down and finished the day at $39.63. In the run-up to the release of this earnings report analysts were looking for Urban Outfitters Inc. (NASDAQ:URBN) to show consensus earnings of 45 cents…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.