Earnings Preview: American Eagle Outfitters Reports Results Wednesday

Nov.29.11 | About: American Eagle (AEO)

American Eagle Outfitters (NYSE:AEO) is expected to report earnings for the last fiscal quarter before the opening bell on November 30, 2011.

American Eagle Outfitters, Inc. operates as an apparel and accessories retailer in the United States and Canada. The company was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania. AEO trades an average of 3.6 million shares per day.

52 Week High: $16.37

52 Week Low: $10.00

Book Value: $7.01

Float Short: 8.43%

Analysts are expecting an improvement of $0.17 in earnings per share compared to last quarter's results of $0.1. Investors will be looking to top $0.27 per share, based on the estimated mean earnings. Analyst estimates range between $0.26 and $0.28 per share.

The current trailing twelve months (ttm) P/E ratio is 15.4 The forward P/E ratio is 15.1.

In the last month, the stock has decreased in price -5.01%, and moving in price -23.32% from one year ago.

When comparing to the S&P 500, the year to date difference is -4.36%.

The company has rising revenue year-over-year of $2.97 billion for 2011 vs. $2.94 billion for 2010. The bottom line has falling earnings year-over-year of $140.65 million for 2011 vs. $169.02 million for 2010. The company's earnings before interest and taxes are rising with an EBIT year-over-year of $317.26 million for 2011 vs. $310.39 million for 2010.

Here is a look at fiscal year revenue.

paid2trade.com revenue gross bar chart for AEO Click to enlarge

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jul-11 $ 648.53 M $ 675.70 M $ 27.17 M 4.19%
Apr-11 $ 637.16 M $ 609.56 M $ -27.60 M -4.33%
Jan-11 $ 916.10 M $ 916.09 M $ -0.01 M -0%
Oct-10 $ 749.00 M $ 751.51 M $ 2.51 M 0.34%
Jul-10 $ 658.27 M $ 651.50 M $ -6.77 M -1.03%
Click to enlarge

M = millions, B = billions

Differences are rounded. (Some one-time items are often excluded in reported EPS.)

paid2trade.com Quarterly Estimates And Actual EPS results AEO Click to enlarge

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for AEO.

paid2trade.com short interest tool. The total short interest number of shares for AEO Click to enlarge

The number of days to cover short interest based on average daily trading volume for AEO.

paid2trade.com number of days to cover short interest based on average daily trading volume for AEO Click to enlarge

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I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

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