Benzinga | Nov 22, 2021 10:25AM EST

American Eagle Outfitters's Earnings Outlook

American Eagle Outfitters (NYSE:AEO) is set to give its latest quarterly earnings report on Tuesday, 2021-11-23. Here's what investors need to know before the announcement.

Analysts estimate that American Eagle Outfitters will likely report an Earnings Per Share (EPS) of $0.60.

American Eagle Outfitters bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.07, which was followed by a 0.37% drop in the share price the next day.

Here's a look at American Eagle Outfitters's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.53 0.46 0.36 0.34EPS Actual 0.60 0.48 0.39 0.35Price Change % -0.37% 2.27% 8.89% 3.93%

Stock Performance

Shares of American Eagle Outfitters were trading at $26.93 as of November 19. Over the last 52-week period, shares are up 56.55%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.