American Eagle Outfitters (NYSE:AEO)’s Latest Updates


Dallas, Texas 05/21/2014 (FINANCIALSTRENDS) –American Eagle Outfitters (NYSE:AEO) is slated to report its 2014 Q1 earnings data on May 21st. The company has now set Q1 guidance at earnings per share of $0.00. The company had last issued quarterly earnings on March 11th. It reported earnings per share of $0.27 for the quarter, which topped the average analyst projection of $0.26 by $0.01.

It reported revenue of $1.04B for the quarter, in comparison to the average projection of $1.05 billion. In the same quarter in the previous year, AEO posted earnings per share of $0.55 . Its quarterly revenue dropped 6.7% on a y-o-y basis. On an average, analysts now project that the company will post earnings per share of $0.65 for the current financial year and earnings per share of $0.84 for the next financial year.

Analyst speak

Recently, many research analysts have weighed on the company stock. Zacks analysts have restated their rating of “underperform” on the shares of American Eagle Outfitters (NYSE:AEO) is in the research note on April 15th. They currently have a price target of $10.00 on the stock. Buckingham Research reiterated their rating of “neutral” on the AEO shares in the research note on April 9th. They currently have a price target of $12.00 on the stock.

The consensus opinion

Finally, Janney Montgomery Scott analysts have downgraded the company shares from a rating of “buy” to a “neutral” rating in the research note on 8 April. Currently, they have a PT of $10.00 on the stock, down from the previous $17.00. Three equities research analysts have assigned a “sell” rating on the company stock and 10 have set a “hold” rating while 8 have set a “buy” rating. Currently, the average rating on American Eagle Outfitters (NYSE:AEO) is a “hold” and the average price target is $15.17.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.