Urban Outfitters Q4 Preview: $1.53B Revenue Last Quarter, 9.2% Growth Expected
Urban Outfitters beat last quarter with $1.53 billion in revenue, up 12.3% year on year, surpassing analysts’ revenue and EBITDA estimates. This quarter’s revenue is forecast to rise 9.2% while apparel and footwear peers are down 2.5% month to date and shares trade below a $85.25 average analyst target.
1. Q4 Earnings Preview
Urban Outfitters will report Q4 earnings this Wednesday after market hours, with revenue expected to grow 9.2% year on year, matching last year’s increase and testing whether the company can sustain its recent momentum.
2. Q3 Financial Beat
In the prior quarter, Urban Outfitters delivered $1.53 billion in revenue, a 12.3% year-over-year increase, and outperformed both revenue and EBITDA estimates, leading analysts to maintain their forecasts over the past month.
3. Peer Comparison and Market Trends
Within the apparel and footwear segment, Boot Barn achieved 16% year-over-year sales growth and met revenue targets, while the group has declined 2.5% month to date and Urban Outfitters shares have fallen 5.7%, trading below an $85.25 average analyst price target.