Piper Jaffray Raises Price Target on American Eagle Outfitters (AEO) Following Strong 4Q Results
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American Eagle Outfitters Reports 2015 Annual EPS Growth of 73% to $1.09
March 2, 2016 4:00 PM ESTFourth Quarter EPS Rises to $0.42
PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.42 for the fourth quarter ended January 30, 2016, a 17% increase from EPS from continuing operations of $0.36 for the comparable quarter last year.
The company also announced EPS from continuing operations of $1.09 for the year ended January 30, 2016, compared to adjusted EPS from continuing operations of $0.63 for the year ended January 31, 2015, a 73% increase. The EPS figures refer to diluted earnings per share.
Jay Schottenstein, Chief Executive Officer commented, Initiatives to strengthen our merchandise and improve... More
