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published in Blogs
Sep 08, 2022
American Eagle Outfitters (AEO, $11.57) misses Q2 earnings expectations

American Eagle Outfitters (AEO, $11.57) misses Q2 earnings expectations

American Eagle Outfitters posted loss of -24 cents a share in the second quarter, compared to earnings of   56 cents a share in the year-ago period. The retail company’s adjusted earnings were 4 cents a share, falling short of analysts’ expectations of 13 cents a share.

Revenue was flat at $1.2 billion matching expectations from analysts polled by FactSet.

For the coming quarter, the current consensus EPS estimate is $0.40 on revenues of $1.25 billion (as reported by Zacks Equity Research) and $1.05 on $5.02 billion in revenues for the current fiscal year billion (as reported by Zacks Equity Research).

Related Tickers: AEO