Preview: American Eagle Outfitters's Earnings
Portfolio Pulse from Benzinga Insights
American Eagle Outfitters (AEO) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts predicting an EPS of $0.50. Historical data shows mixed reactions to past earnings, with the last quarter's beat resulting in a 0.96% share price increase. AEO's stock has risen 77.58% over the past year, indicating positive sentiment among long-term investors.
March 06, 2024 | 2:01 pm
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American Eagle Outfitters is anticipated to report an EPS of $0.50 for the upcoming quarter. Historical performance and a 77.58% YOY stock increase suggest positive investor sentiment.
Given AEO's history of beating EPS estimates and the subsequent positive stock price reactions, along with a significant YOY stock increase, it's likely that a positive earnings report could lead to short-term stock price gains. However, as the article suggests, guidance provided during the earnings call may have a more substantial impact on the stock's short-term movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100