RTTNews | Nov 23, 2021 07:42AM EST

07:41 Tuesday, November 23, 2021 (RTTNews.com) - American Eagle Outfitters Inc. (AEO) revealed a profit for its third quarter that advanced from the same period last year.

The company's profit came in at $152.22 million, or $0.74 per share. This compares with $58.11 million, or $0.32 per share, in last year's third quarter.

Excluding items, American Eagle Outfitters Inc. reported adjusted earnings of $155.55 million or $0.76 per share for the period.

Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.3% to $1.27 billion from $1.03 billion last year.

American Eagle Outfitters Inc. earnings at a glance:

-Earnings (Q3): $155.55 Mln. vs. $65.27 Mln. last year.-EPS (Q3): $0.76 vs. $0.35 last year.-Analysts Estimate: $0.61-Revenue (Q3): $1.27 Bln vs. $1.03 Bln last year.

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