PHILADELPHIA (AP) _ Urban Outfitters Inc. (URBN) on Tuesday reported fiscal fourth-quarter earnings of $28.6 million.

The Philadelphia-based company said it had net income of 29 cents per share. Earnings, adjusted for asset impairment costs, came to 30 cents per share.

The results met Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share.

The clothing and accessories retailer posted revenue of $1.09 billion in the period, which also met Street forecasts.

For the year, the company reported profit of $1.2 million, or 1 cent per share. Revenue was reported as $3.45 billion.

Urban Outfitters shares have risen 32% since the beginning of the year, while the S&P's 500 index has climbed 3%. In the final minutes of trading on Tuesday, shares hit $33.77, an increase of 47% 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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