American Eagle Outfitters is expected to report second-quarter earnings of $0.21 per share, a decline of 53.3% from the year-ago period, with revenues projected at $1.37 billion, up 6.5% year over year. Analysts also forecast segment revenues of $524.35 million for Aerie, a 22.2% increase, and $794.27 million for the American Eagle brand, a 0.8% decrease. Store count estimates include 348 Aerie stand-alone stores, 801 AE Brand stores, and 1,181 total stores, while comparable store sales for Aerie are expected to rise 19.6%. The consensus EPS estimate has remained unchanged over the past 30 days, and the stock has fallen 6.5% in the past month, compared with a 2.5% gain for the Zacks S&P 500 composite.
American Eagle Outfitters IncQ2 earnings expected to fall 53.3% year over year.
