American Eagle Outfitters Names Accomplished Consumer Brand Marketing Executive, Kyle Andrew, Chief Marketing Officer
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FBR Capital Remains Bullish on American Eagle Outfitters (AEO) Following 1Q EPS Beat
May 19, 2016 7:00 AM EDTFBR Capital reiterated an Outperform rating and $19.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 1Q earnings report. AEO reported an EPS of $0.22, above the consensus estimate of $0.18 and guidance of $0.17 to $0.19. Management initiated 2Q EPS guidance of $0.20 to $0.21 (vs. prior FBR/consensus of $0.22/ $0.20).
Analyst Susan Anderson commented, "AEO reported 1Q EPS of $0.22, above FBR/consensus of $0.18 and guidance of... More
