Urban Outfitters (Nasdaq: URBN) reported earnings on May 20. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended April 30 (Q1), Urban Outfitters met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded. GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
 Urban Outfitters logged revenue of $648.2 million. The 28 analysts polled by S&P Capital IQ expected to see sales of $655.5 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $568.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.32. The 29 earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. GAAP EPS of $0.32 for Q1 were 39% higher than the prior-year quarter's $0.23 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 36.8%, 120 basis points better than the prior-year quarter. Operating margin was 11.3%, 200 basis points better than the prior-year quarter. Net margin was 7.3%, 130 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $768.0 million. On the bottom line, the average EPS estimate is $0.48.

Next year's average estimate for revenue is $3.15 billion. The average EPS estimate is $1.93.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 624 members out of 727 rating the stock outperform, and 103 members rating it underperform. Among 217 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 195 give Urban Outfitters a green thumbs-up, and 22 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Urban Outfitters is outperform, with an average price target of $46.07.

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