What To Watch Monday May 19: Earnings From Urban Outfitters

Despite an expected dip in profit, analysts are generally optimistic about Urban Outfitters, as it prepares to reports its first-quarter results on Monday. Analysts are expecting earnings of $0.27 a share. Revenue is projected to be around $680 million dollars, that's 5 percent higher than the same period a year ago. As a catalyst to increase customer count Urban Outfitters has been focused on store expansion, along with online and mobile marketing endeavors. Ahead of the results, the stock is trading up 1.5 percent, but is still about 10-dollars shy of its $44 high.