AEO Inc. Reports Second Quarter 2022 Results. Expanding Actions to Strengthen Financial Performance

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American Eagle Outfitters (AEO) PT Lowered to $11 at Cowen

September 8, 2022 8:39 AM EDT

Cowen analyst Jonna Kim lowered the price target on American Eagle Outfitters (NYSE: AEO) to $11.00 (from $13.00) while maintaining a Market Perform rating.

The analyst commented, "EPS Miss & A Pause on Dividend. In-line revenue but lower-than-expected gross margin led to an EPS miss.... More

American Eagle Outfitters (AEO) Misses Q3 EPS by 10c, Pauses Dividend

September 7, 2022 4:16 PM EDT

(Updated - September 7, 2022 4:17 PM EDT)

American Eagle Outfitters (NYSE: AEO) reported Q3 EPS of $0.04, $0.10 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.2 billion.

Pausing quarterly cash dividend to provide additional financial... More