Earnings Preview: Urban Outfitters to Report Q1 Earnings After the Bell

Urban Outfitters URBN, a trendy clothing retailer, is scheduled to report first quarter earnings after today's market close. In addition to operating its namesake clothing stores, Urban Outfitters operates other retail chains, including Anthropologie and Free People. Shares of Urban Outfitters are down approximately 5% year to date, vs a positive return of close to 4% for the S&P 500 Index.

The consensus analyst estimate for this quarter's earnings per share is $0.20, unchanged from the estimate 60 days ago. Analysts also anticipate earnings per share of $0.37 for next quarter. Urban Outfitters has released earnings below analyst expectations for two of the previous four quarters and above analyst expectations for the other two. Analysts expect Urban Outfitter's earnings per share to grow from an estimated $1.46 for fiscal 2013 to $1.81 for fiscal 2014, an increase of almost 24%.

Moreover, analysts are expecting Urban Outfitters to report revenues close to $579 Million for this quarter and give revenue guidance near $671 Million for next quarter. Management revenue and EPS guidance for next quarter could be a key determining factor of price movement after today's release. Shares of Urban Outfitters were trading higher today, up around 3%.

Disclosure: At the time of this writing, I did not own shares of any companies mentioned in this post.