Recap: American Eagle Outfitters Q1 Earnings

American Eagle Outfitters (NYSE:AEO) reported its Q1 earnings results on Wednesday, May 24, 2023 at 04:15 PM. Here’s…

American Eagle Outfitters (NYSE:AEO) reported its Q1 earnings results on Wednesday, May 24, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

American Eagle Outfitters reported in-line EPS of $0.17 versus an estimate of $0.17.

Revenue was up $26.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.2% increase in the share price the next day.

Here’s a look at American Eagle Outfitters’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.30 0.22 0.13 0.25
EPS Actual 0.37 0.42 0.04 0.16
Revenue Estimate 1.48B 1.21B 1.20B 1.14B
Revenue Actual 1.50B 1.24B 1.20B 1.05B

To track all earnings releases for American Eagle Outfitters visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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