11.12.2018 22:10:41
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American Eagle Outfitters Inc. Q3 adjusted earnings Miss Estimates
(RTTNews) - American Eagle Outfitters Inc. (AEO) revealed a profit for its third quarter that climbed from the same period last year.
The company's bottom line totaled $85.47 million, or $0.48 per share. This compares with $63.73 million, or $0.36 per share, in last year's third quarter.
Excluding items, American Eagle Outfitters Inc. reported adjusted earnings of $79.24 million or $0.44 per share for the period.
Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.2% to $1.00 billion from $0.96 billion last year.
American Eagle Outfitters Inc. earnings at a glance:
-Earnings (Q3): $79.24 Mln. vs. $65.80 Mln. last year. -EPS (Q3): $0.44 vs. $0.37 last year. -Analysts Estimate: $0.48 -Revenue (Q3): $1.00 Bln vs. $0.96 Bln last year.
-Guidance: Next quarter EPS guidance: $0.40 to $0.42
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