PHILADELPHIA (dpa-AFX) - Urban Outfitters Inc. (URBN) announced a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $120.30 million, or $1.28 per share. This compares with $47.75 million, or $0.50 per share, last year.
Analysts on average had expected the company to earn $0.85 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 47.7% to $1.636 billion from $1.108 billion last year.
Urban Outfitters Inc. earnings at a glance (GAAP) :
-Earnings: $120.30 Mln. vs. $47.75 Mln. last year. -EPS: $1.28 vs. $0.50 last year. -Revenue: $1.636 Bln vs. $1.108 Bln last year.
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