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American Eagle (AEO) Reports Q2 Earnings: What Key Metrics Have to Say
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American Eagle Outfitters (AEO - Free Report) reported $1.29 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 7.5%. EPS of $0.39 for the same period compares to $0.25 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how American Eagle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of stores - Total (EOP)
: 1,178 compared to the 1,180 average estimate based on four analysts.
Number of stores - AE Brand
: 843 versus 844 estimated by three analysts on average.
Gross square footage - Total
: 7.24 Msq ft versus the three-analyst average estimate of 7.26 Msq ft.
Number of stores - Aerie stand-alone
: 313 versus the three-analyst average estimate of 314.
Total net revenue- American Eagle
: $827.64 million versus $843.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.9% change.
Total net revenue- Aerie
: $415.65 million versus the three-analyst average estimate of $406.90 million. The reported number represents a year-over-year change of +9.3%.
Shares of American Eagle have returned -1.6% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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American Eagle (AEO) Reports Q2 Earnings: What Key Metrics Have to Say
American Eagle Outfitters (AEO - Free Report) reported $1.29 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 7.5%. EPS of $0.39 for the same period compares to $0.25 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how American Eagle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for American Eagle here>>>Number of stores - Total (EOP)
: 1,178 compared to the 1,180 average estimate based on four analysts.Number of stores - AE Brand
: 843 versus 844 estimated by three analysts on average.Gross square footage - Total
: 7.24 Msq ft versus the three-analyst average estimate of 7.26 Msq ft.Number of stores - Aerie stand-alone
: 313 versus the three-analyst average estimate of 314.Total net revenue- American Eagle
: $827.64 million versus $843.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.9% change.Total net revenue- Aerie
: $415.65 million versus the three-analyst average estimate of $406.90 million. The reported number represents a year-over-year change of +9.3%.Shares of American Eagle have returned -1.6% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.