American Eagle Outfitters' Q4 EPS Surges

Casual apparel retailer American Eagle Outfitters (NYSE:AEO) reported fourth-quarter 2024 earnings on Wednesday, March 12, that matched or exceeded analysts' consensus expectations. Earnings per share (EPS) of $0.54 exceeded the $0.50 forecast. Despite matching the expected target of $1.6 billion, revenue for the quarter declined 4.4% from the prior year's $1.68 billion. This drop was attributed to a one-week reduction in the selling period. Overall, the quarter was marked by a substantial 1,700% increase in operating income, demonstrating notable financial discipline and operational efficiency. However, management's forward guidance was underwhelming.Source: American Eagle Outfitters. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool