Urban Outfitters: Fiscal Q2 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Urban Outfitters Inc. (URBN) on Wednesday reported fiscal second-quarter earnings of $240.7 million.

The Philadelphia-based company said it had net income of $2.78 per share. Earnings, adjusted for non-recurring gains, were $1.72 per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.72 per share.

The clothing and accessories retailer posted revenue of $1.66 billion in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.65 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URBN at https://www.zacks.com/ap/URBN