American Eagle Outfitters, Inc. (NYSE:AEO) will release earnings results for its third quarter, after the closing bell on Wednesday, Dec. 4.
Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings at 46 cents per share, down from 49 cents per share in the year-ago period. American Eagle projects to report revenue of $1.3 billion for the recent quarter, compared to $1.3 billion a year earlier, according to data from Benzinga Pro.
On Sept. 24, AEO declared a regular quarterly dividend of 12.5 cents per share.
American Eagle shares closed at $19.93 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Jefferies analyst Corey Tarlowe maintained a Hold rating and cut the price target from $22 to $19 on Nov. 12. This analyst has an accuracy rate of 65%.
- JP Morgan analyst Matthew Boss maintained an Overweight rating and cut the price target from $31 to $29 on Aug. 30. This analyst has an accuracy rate of 65%.
- Barclays analyst Adrienne Yih maintained an Overweight rating and lowered the price target from $32 to $26 on Aug. 30. This analyst has an accuracy rate of 62%.
- UBS analyst Jay Sole maintained a Buy rating and increased the price target from $22 to $34 on Aug. 30. This analyst has an accuracy rate of 71%.
- Citigroup analyst Paul Lejuez maintained a Neutral rating and cut the price target from $24 to $22 on Aug. 21. This analyst has an accuracy rate of 66%.
Considering buying AEO stock? Here's what analysts think:
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