American Eagle Outfitters, Inc. (AEO) Scheduled to Post Quarterly Earnings on Wednesday
American Eagle Outfitters, Inc. (NYSE:AEO) is set to announce its earnings results before the market opens on Wednesday, August 23rd. Analysts expect the company to announce earnings of $0.16 per share for the quarter.
American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The company had revenue of $761.80 million during the quarter, compared to analyst estimates of $741.76 million. During the same quarter last year, the business earned $0.22 EPS. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, analysts expect American Eagle Outfitters to post $1.09 EPS for the current fiscal year and $1.12 EPS for the next fiscal year.
Shares of American Eagle Outfitters, Inc. (NYSE AEO) traded down 1.33% during mid-day trading on Friday, hitting $11.11. 5,500,870 shares of the stock traded hands. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 10.28 and a beta of 1.09. The firm’s 50 day moving average price is $11.70 and its 200 day moving average price is $13.04. American Eagle Outfitters, Inc. has a 12-month low of $10.56 and a 12-month high of $19.12.
The business also recently declared a quarterly dividend, which was paid on Friday, July 21st. Stockholders of record on Friday, July 7th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, July 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.50%. American Eagle Outfitters’s dividend payout ratio is presently 46.30%.
A number of brokerages have recently issued reports on AEO. Jefferies Group LLC set a $19.00 price target on shares of American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, May 10th. Wolfe Research downgraded shares of American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a report on Tuesday, May 9th. Deutsche Bank AG reiterated a “buy” rating and issued a $20.00 price target on shares of American Eagle Outfitters in a report on Monday, April 24th. Vetr downgraded shares of American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $15.00 price target for the company. in a report on Thursday, April 20th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $17.00 price target on shares of American Eagle Outfitters in a report on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $15.40.
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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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