American Eagle (AEO) Releases Quarterly Earnings, Misses Expectations By $0.01 EPS
American Eagle (NYSE: AEO) issued its quarterly earnings data on Wednesday. The company reported $0.55 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.56 by $0.01. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $0.35 earnings per share. American Eagle’s revenue was up 8.6% compared to the same quarter last year. American Eagle updated its Q1 guidance to $0.16-0.19 EPS.
A number of analysts have recently weighed in on AEO shares. Analysts at Jefferies Group reiterated a “hold” rating on shares of American Eagle in a research note to investors on Wednesday. On a related note, analysts at Oppenheimer reiterated an “in-line” rating on shares of American Eagle in a research note to investors on Wednesday. Finally, analysts at Brean Murray reiterated a “buy” rating on shares of American Eagle in a research note to investors on Wednesday.
American Eagle (AEO) traded down 10.53% on Wednesday, hitting $20.175. American Eagle (AEO) has a 52-week low of $15.20 and a 52-week high of $23.94. The stock’s 50-day moving average is currently $20.62. The company has a market cap of $3.995 billion and a price-to-earnings ratio of 23.59.
American Eagle Outfitters, Inc. (AEO, Inc) is a specialty retailer that operates in the United Sates and Canada, and online at ae.
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