American Eagle Outfitters Names Accomplished Consumer Brand Marketing Executive, Kyle Andrew, Chief Marketing Officer

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Go back to American Eagle Outfitters Names Accomplished Consumer Brand Marketing Executive, Kyle Andrew, Chief Marketing Officer

FBR Capital Remains Bullish on American Eagle Outfitters (AEO) Following 1Q EPS Beat

May 19, 2016 7:00 AM EDT

FBR Capital reiterated an Outperform rating and $19.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 1Q earnings report. AEO reported an EPS of $0.22, above the consensus estimate of $0.18 and guidance of $0.17 to $0.19. Management initiated 2Q EPS guidance of $0.20 to $0.21 (vs. prior FBR/consensus of $0.22/ $0.20).

Analyst Susan Anderson commented, "AEO reported 1Q EPS of $0.22, above FBR/consensus of $0.18 and guidance of... More