Benzinga | Nov 24, 2020 04:08PM EST

American Eagle Outfitters: Q3 Earnings Insights

Shares of American Eagle Outfitters (NYSE:AEO) decreased 2.87% after the company reported Q3 results.

Quarterly Results

Earnings per share fell 27.08% year over year to $0.35, which beat the estimate of $0.34.

Revenue of $1,032,000,000 decreased by 3.19% from the same period last year, which beat the estimate of $1,030,000,000.

Outlook

American Eagle Outfitters hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 24, 2020

Time: 04:15 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestors.ae.com%2F&eventid=2631221&sessionid=1&key=1759ED530750F73C19364C7AB687AC76&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $18.61

Company's 52-week low was at $6.54

Price action over last quarter: Up 35.28%

Company Profile

American Eagle Outfitters Inc is an apparel and accessory retailer with company stores throughout North America, China, Hong Kong, and the United Kingdom. The company leases all of its stores, and the vast majority of stores are in the United States. American Eagle also has an online business that ships worldwide. The company's primary brand, American Eagle Outfitters, sells casual apparel and accessories that target 15- to 25-year-old men and women. Its Aerie brand sells intimates and personal-care products for women. Women's items comprise the majority of the company's sales. American Eagle designs its own merchandise and sources its production from third-party manufacturers that are mostly located outside of North America.