Earnings Preview For American Eagle Outfitters


American Eagle Outfitters AEO is set to give its latest quarterly earnings report on Wednesday, 2023-09-06. Here's what investors need to know before the announcement.

Analysts estimate that American Eagle Outfitters will report an earnings per share (EPS) of $0.16.

American Eagle Outfitters bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.00, which was followed by a 11.93% drop in the share price the next day.

Here's a look at American Eagle Outfitters's past performance and the resulting price change:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.17 0.30 0.22 0.13
EPS Actual 0.17 0.37 0.42 0.04
Price Change % -11.93% 1.2% 2.86% -8.71%

Stock Performance

Shares of American Eagle Outfitters were trading at $17.36 as of September 04. Over the last 52-week period, shares are up 49.18%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for American Eagle Outfitters visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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