Recap: American Eagle Outfitters Q1 Earnings
Portfolio Pulse from Benzinga Insights
American Eagle Outfitters (NYSE:AEO) reported Q1 earnings with in-line EPS of $0.17 and revenue up $26 million YoY. Last quarter, the company beat EPS estimates by $0.07, resulting in a 1.2% share price increase the following day.
May 24, 2023 | 8:24 pm
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American Eagle Outfitters reported Q1 earnings with in-line EPS of $0.17 and revenue up $26 million YoY. The company's past performance shows a positive correlation between EPS beats and share price increases.
American Eagle Outfitters reported in-line EPS, which may not have a significant impact on the stock price. However, the company's past performance shows a positive correlation between EPS beats and share price increases. Since the EPS is in-line with estimates, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100