Urban Outfitters Inc. Announces 10% Rise In Q3 Bottom Line

(RTTNews) - Urban Outfitters Inc. (URBN) reported a profit for its third quarter that rose from last year.

The company said its bottom line rose to $51.99 million, or $0.42 per share. This was higher than $47.14 million, or $0.35 per share, in last year's third quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.3% to $825.26 million. This was up from $814.47 million last year.

Urban Outfitters Inc. earnings at a glance:

-Earnings (Q3): $51.99 Mln. vs. $47.14 Mln. last year. -Earnings Growth (Y-o-Y): 10.3% -EPS (Q3): $0.42 vs. $0.35 last year. -EPS Growth (Y-o-Y): 20.0% -Analysts Estimate: $0.42 -Revenue (Q3): $825.26 Mln vs. $814.47 Mln last year. -Revenue Change (Y-o-Y): 1.3%