PITTSBURGH (AP) — PITTSBURGH (AP) — American Eagle Outfitters Inc. (AEO) on Thursday reported fiscal second-quarter earnings of $77.3 million.
The Pittsburgh-based company said it had profit of 39 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The teen clothing retailer posted revenue of $1.29 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.3 billion.
American Eagle shares have climbed nearly 3% since the beginning of the year. The stock has increased 32% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEO at https://www.zacks.com/ap/AEO
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
