American Eagle Outfitters Jumps 2.94% on 31.5% EPS Growth Forecast
American Eagle Outfitters shares rose 2.94% while the S&P 500 fell 1.57%, outperforming the Retail-Wholesale sector’s 4.94% decline. Analysts forecast March 4 earnings of $0.71 per share (up 31.5%) on $1.73 billion revenue (+7.9%), with a forward P/E of 14.0 versus the industry’s 17.4 and a Zacks Rank #1.
1. Stock Performance
American Eagle Outfitters shares rose 2.94% during the latest session, significantly outperforming the S&P 500’s 1.57% drop and the Retail-Wholesale sector’s 4.94% decline.
2. Upcoming Earnings Estimates
The company is scheduled to report quarterly and full-year results on March 4, with consensus projecting $0.71 in EPS (up 31.5% year-over-year) on $1.73 billion in revenue (up 7.9%). Full-year estimates call for $1.38 per share (down 20.7%) on $5.46 billion in sales (up 2.6%).
3. Valuation Metrics
Shares trade at a forward P/E of 14.04, a discount to the Retail-Apparel & Shoes industry average of 17.44, while the PEG ratio stands at 6.24 versus the industry’s 1.93.
4. Analyst Rankings and Estimate Revisions
Consensus EPS estimates have climbed 5.05% over the past month, contributing to a Zacks Rank #1 (Strong Buy) designation for the stock.