Does Earnings Surprise History Hold Any Clue for American Eagle Outfitters (NYSE:AEO)

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Earnings results for American Eagle Outfitters (NYSE:AEO)

American Eagle Outfitters, Inc. is expected* to report earnings on 09/09/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 11 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.14. The reported EPS for the same quarter last year was $0.39.

American Eagle Outfitters last issued its quarterly earnings data on June 3rd, 2020. The apparel retailer reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.54. The company had revenue of $551.70 million for the quarter, compared to the consensus estimate of $636.12 million. Its revenue for the quarter was down 37.8% compared to the same quarter last year. American Eagle Outfitters has generated $1.48 earnings per share over the last year. American Eagle Outfitters has confirmed that its next quarterly earnings report will be published on Wednesday, September 9th, 2020.

Analyst Opinion on American Eagle Outfitters (NYSE:AEO)

17 Wall Street analysts have issued ratings and price targets for American Eagle Outfitters in the last 12 months. Their average twelve-month price target is $13.18, predicting that the stock has a possible downside of 0.18%. The high price target for AEO is $17.00 and the low price target for AEO is $7.00. There are currently 1 sell rating, 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of “Hold.”

American Eagle Outfitters has received a consensus rating of Hold. The company’s average rating score is 2.47, and is based on 9 buy ratings, 7 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $13.18, American Eagle Outfitters has a forecasted downside of 0.2% from its current price of $13.20. American Eagle Outfitters has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: American Eagle Outfitters (NYSE:AEO)

American Eagle Outfitters does not currently pay a dividend. American Eagle Outfitters does not have a long track record of dividend growth.

Insiders buying/selling: American Eagle Outfitters (NYSE:AEO)

In the past three months, American Eagle Outfitters insiders have not sold or bought any company stock. Only 8.10% of the stock of American Eagle Outfitters is held by insiders.

Earnings and Valuation of American Eagle Outfitters (NYSE:AEO

Earnings for American Eagle Outfitters are expected to grow in the coming year, from ($0.35) to $1.03 per share. The P/E ratio of American Eagle Outfitters is -20.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of American Eagle Outfitters is -20.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. American Eagle Outfitters has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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