American Eagle Outfitters Reports Q1 Results: The Details
Portfolio Pulse from Erica Kollmann
American Eagle Outfitters (NYSE:AEO) reported Q1 earnings of 17 cents per share and revenue of $1.143 billion, which was below analyst estimates. Despite revenue growth and margin expansion, shares fell 7.40% after-hours.
May 29, 2024 | 9:00 pm
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American Eagle Outfitters reported Q1 earnings of 17 cents per share and revenue of $1.143 billion, which was below analyst estimates. Despite revenue growth and margin expansion, shares fell 7.40% after-hours.
The earnings report showed revenue growth and margin expansion, but the results were below analyst estimates, leading to a 7.40% drop in share price after-hours. This indicates a negative short-term impact on the stock.
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