American Eagle Outfitters Inc reports results for the quarter ended April 30 - Earnings Summary

• American Eagle Outfitters Inc AEO.N reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of twelve analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -28 cents to 13 cents per share.

• Revenue fell 4.7% to $1.09 billion from a year ago; analysts expected $1.09 billion.

• American Eagle Outfitters Inc's reported EPS for the quarter was a loss of 36 cents​.

• The company reported a quarterly loss of $64.9 million.

• American Eagle Outfitters Inc shares had fallen by 4.6% this quarter and lost 33.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 167.3% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for American Eagle Outfitters Inc is $12.00

This summary was machine generated from LSEG data May 29 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)