On Thursday 29th August 2024, investors and market participants can expect the release of American Eagle Outfitters (NYSE: AEO) second quarter financial results. This crucial announcement will be made before market open.
Based on the predictions of financial experts on Wall Street, the establishment is expected to reveal an anticipated $0.38 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $1.31 billion for the quarter.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $5.44 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.83 per share during the same period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.25 and revenues of $1.20 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.34 | +100.0% | 1.14 B | +5.8% |
| Q4 2023 | $0.61 | +64.9% | 1.68 B | +12.2% |
| Q3 2023 | $0.49 | +16.7% | 1.30 B | +4.8% |
| Q2 2023 | $0.25 | +525.0% | 1.20 B | +0.3% |
*Growth on year-over-year basis
Additionally, The company will host a conference call with investors and analysts on 29th August 2024 at 11:00 AM eastern time to review the Q2 2024 financial results.
Monday's trading saw American Eagle Outfitters (AEO) shares hit a low of $22.09 and a high of $22.82, with a day volume of 5.12 million shares. The stock closed the regular trading session at $22.48, indicating 1.40 percent upturn.
