American Eagle Outfitters, Inc. (AEO) to Release Earnings on Tuesday
American Eagle Outfitters, Inc. (NYSE:AEO) will be releasing its earnings data before the market opens on Tuesday, November 28th. Analysts expect American Eagle Outfitters to post earnings of $0.39 per share for the quarter. American Eagle Outfitters has set its Q3 guidance at 0.36-0.38 EPS.
American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. The business had revenue of $845.00 million for the quarter, compared to analysts’ expectations of $823.84 million. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.23 earnings per share. On average, analysts expect American Eagle Outfitters to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
American Eagle Outfitters, Inc. (NYSE:AEO) opened at $15.24 on Tuesday. The stock has a market capitalization of $2,640.00, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.51 and a beta of 1.09. American Eagle Outfitters, Inc. has a 12-month low of $10.23 and a 12-month high of $19.00.
In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total value of $191,970.00. Following the completion of the sale, the insider now directly owns 27,531 shares in the company, valued at approximately $391,490.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.90% of the stock is currently owned by corporate insiders.
Several research analysts have issued reports on the company. SunTrust Banks, Inc. set a $15.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Thursday, August 24th. FBR & Co reissued a “buy” rating and issued a $15.00 target price (up from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. B. Riley reissued a “buy” rating on shares of American Eagle Outfitters in a research report on Wednesday, November 1st. Cowen and Company set a $14.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Finally, Buckingham Research reaffirmed a “neutral” rating on shares of American Eagle Outfitters in a research note on Thursday, August 24th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $14.57.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.
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