AEO Inc. Reports First Quarter Fiscal 2024 Results Reflecting Strong Execution on Powering Profitable Growth Strategy

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Go back to AEO Inc. Reports First Quarter Fiscal 2024 Results Reflecting Strong Execution on Powering Profitable Growth Strategy

BofA Securities Reiterates Neutral Rating on American Eagle Outfitters (AEO)

May 30, 2024 5:48 AM EDT

BofA Securities analyst Christopher Nardone reiterated a Neutral rating and $25.00 price target on American Eagle Outfitters (NYSE: AEO)

The analyst comments "We remain Neutral-rated and think the near term momentum in the business is offset by
a more challenging 2H set up.... More

American Eagle Outfitters (AEO) PT Lowered to $24 at Citi

May 30, 2024 5:47 AM EDT

Citi analyst Paul Lejuez lowered the price target on American Eagle Outfitters (NYSE: AEO) to $24.00 (from $26.00) while maintaining a Neutral rating.

The analyst comments "1Q was a mixed qtr with sales +6% slightly below cons even though comps +7% beat cons +5.5%. AE drove the comp beat (+7%... More

American Eagle Outfitters (AEO) Tops Q1 EPS by 6c

May 29, 2024 4:19 PM EDT

American Eagle Outfitters (NYSE: AEO) reported Q1 EPS of $0.34, $0.06 better than the analyst estimate of $0.28. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.15 billion.

Outlook

For fiscal 2024, management continues to expect operating income in the range of $445 to... More