PHILADELPHIA (AP) _ Urban Outfitters Inc. (URBN) on Monday reported fiscal third-quarter earnings of $76.7 million.

The Philadelphia-based company said it had net income of 78 cents per share.

The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The clothing and accessories retailer posted revenue of $969.6 million in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $929.5 million.

Urban Outfitters shares have climbed 14% since the beginning of the year, while the Standard & Poor's 500 index has climbed 11%. In the final minutes of trading on Monday, shares hit $31.61, an increase of 26% in the last 12 months.

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

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