Urban Outfitters Analysts Boost Their Forecasts After Stronger-Than-Expected Q2 Earnings
1. Urban Outfitters beat Q2 earnings expectations at $1.58 per share. 2. Quarterly revenue reached $1.5 billion, surpassing estimates. 3. All brands reported positive comparable sales across geographies. 4. Following earnings, shares dropped 8% to $71.77. 5. Several analysts raised price targets post-announcement.