Why American Eagle Outfitters Stock Dropped Today

Shares of American Eagle Outfitters (NYSE: AEO) have dropped today, down by 8% as of 12:15 p.m. EDT, after the company reported second-quarter earnings. Soft guidance overshadowed better-than-expected results.Revenue in the second quarter rose 14% to $964.9 million, which translated into net income of $60.3 million, or $0.34 per share. Consensus estimates had called for earnings per share of $0.31.

Topics:  nyse   aeo    breaking   analysts   outfitters   american eagle   aerie   dropped today   comps   million   earnings   share   brand   increase   
BING NEWS:
  • What’s Driving American Eagle Outfitters Inc (AEO) Stock’s -6.20% Plunge Over the Past Month?
    American Eagle Outfitters Inc (AEO) stock saw a modest uptick, ending the day at $16.03 which represents a slight increase of $0.45 or 2.89% from the prior close of $15.58. The stock opened at $15.8 ...
    01/21/2025 - 2:00 am | View Link
  • Bank of America Cuts American Eagle Outfitters (NYSE:AEO) Price Target to $18.00
    American Eagle Outfitters (NYSE:AEO – Free Report) had its price target decreased by Bank of America from $21.00 to $18.00 in a report released on Wednesday,Benzinga reports. Bank of America currently ...
    01/17/2025 - 5:16 pm | View Link
  • Why American Eagle Outfitters Inc (AEO) Stock is Currently -5.61% Off from Its 20-Day SMA?
    American Eagle Outfitters Inc (AEO) stock saw a decline, ending the day at $15.58 which represents a decrease of $-0.53 or -3.29% from the prior close of $16.11. The stock opened at $16.02 and touched ...
    01/17/2025 - 7:49 am | View Link
  • Retailers post early holiday results — and Wall Street isn’t impressed
    Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.
    01/12/2025 - 11:23 pm | View Link
  • JPMorgan Chase & Co. Cuts American Eagle Outfitters (NYSE:AEO) Price Target to $20.00
    American Eagle Outfitters (NYSE:AEO – Get Free Report) had its price target cut by JPMorgan Chase & Co. from $23.00 to $20.00 in a research note issued on Wednesday,Benzinga reports. The brokerage ...
    01/9/2025 - 4:35 pm | View Link
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