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American Eagle Outfitters, Inc. (NYSE:AEO) is scheduled to report its Q2 2012 results on August 22, 2012, before the market opens. The street expects EPS and revenue of $0.21 and $721.14M, respectively.

In this article I will recap the historical results of the company, its latest EPS estimates vs. surprises, the latest news from AEO and the news from its closest competitors.

American Eagle Outfitters, Inc. Revenue and Net Income History

Recent EPS Actuals vs. Estimates

The company has met or beaten analysts' estimates in the last three quarters. In the last quarter it reported $0.22 EPS, beating analyst estimates of $0.20.

American Eagle Outfitters, Inc. EPS Historical Results vs Estimates

The consensus EPS estimate is $0.21 based on 24 analysts' estimates, up from $0.10 a year ago. Revenue estimates are $721.14M, up from $675.70M a year ago. The median target price by analysts for the stock is $24.50.

Average recommendation: Overweight

Source: Marketwatch

Latest News

  • On August 1, 2012, American Eagle Outfitters, Inc. announced that for second quarter of 2012, it is raising adjusted EPS outlook to $0.19 to $0.21.
  • On June 25, 2012, American Eagle Outfitters, Inc. announced its Back-to-School campaign "Live Your Life," featuring 15 inspiring real people. The campaign celebrates individual style through unique, real people and how they express themselves in American Eagle Outfitters jeans.
  • On June 6, 2012, American Eagle Outfitters, Inc. and shopkick, the largest location-based shopping app that rewards shoppers simply for walking into stores, announced the national rollout of shopkick to all American Eagle Outfitters and Aerie stores across the country. Beginning today, customers will earn "kicks" (points) just for walking in, as well as receive a number of other exciting, exclusive offers throughout the stores.
  • On June 6, 2012, American Eagle Outfitters, Inc. announced a quarterly cash dividend of $0.11 per share, marking the company's 32st consecutive quarterly dividend. The dividend was declared on June 6, 2012 and is payable on July 11, 2012 to stockholders of record at the close of business on June 27, 2012.
  • On May 2, 2012, American Eagle Outfitters, Inc. announced that for the first quarter of 2012, it expects earnings to be in the range of $0.18-$0.20 per diluted share (NYSEARCA:EPS).
  • On March 7, 2012, American Eagle Outfitters, Inc. announced that for fiscal 2012, the Company is planning a modest sales increase. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $3.33 billion for fiscal 2012.

Competitors

Abercrombie & Fitch (NYSE:ANF), Aeropostale (NYSE:ARO), Guess (NYSE:GES), Gap (NYSE:GPS), and Hot Topic (NASDAQ:HOTT) are considered major competitors for American Eagle and the table below provides the key metrics for these companies and the industry.

American Eagle Outfitters, Inc. key ratio comparison with direct competitors

The chart below compares the stock price changes as a percentage for the selected companies for the last one year period.

AEO Chart

AEO data by YCharts

Competitors' Latest Development

  • On August 2, 2012, The Gap, Inc. announced that for second quarter of 2012, it expects diluted earnings per share to be in the range of $0.47 to $0.48, compared with $0.35 for the second quarter last year.
  • On August 1, 2012, Abercrombie & Fitch announced that for the second quarter of 2012, it expects diluted earnings per share of approximately $0.15-$0.18. Based on a lower sales trend than previously projected, the Company now expects fiscal 2012, diluted earnings per share of approximately $2.50 to $2.75. This projection assumes same store sales to be down 10% for the second half of the year, consistent with the second quarter trend.
  • On August 1, 2012, Hot Topic, Inc. increased its second quarter 2012 guidance to a loss per share in the range of $0.02 to $0.03 per share. Previous guidance for the Company was a loss per share in the range of $0.04 to $0.06 per share based upon a comp sales increase in the low to mid-single-digit percentage range.
  • On June 26, 2012, GUESS?, Inc. announced that its Board of Directors has authorized a new program to repurchase, from time-to-time and as market and business conditions warrant, up to $500 million of its common stock.
  • On May 22, 2012, GUESS?, Inc. announced that for the second quarter of 2013, it expects consolidated net revenues to range from $625 million to $635 million and diluted earnings per share to be in the range of $0.48 to $0.52. For fiscal 2013, it expects consolidated net revenues are expected to range from $2.70 billion to $2.74 billion and diluted earnings per share to be in the range of $2.50 to $2.65. The Company also announced that its Board of Directors has approved a quarterly cash dividend of $0.20 per share on the Company's common stock.
  • On May 17, 2012, Aeropostale Inc announced that for second quarter of 2012, it expects earnings in the range of $0.03 to $0.05 per diluted share . This compares to earnings of $0.04 per diluted share for the second quarter of 2011, which included a non-recurring pre-tax benefit to the Company's gross profit of $8.7 million, or $0.06 per diluted share, resulting from the resolution of a dispute with one of the Company's merchandise vendors surrounding prior period allowances.
  • On May 17, 2012, Hot Topic, Inc. announced that for second quarter of 2012, it expects sales to be in the range of $156-$160 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $159 million for second quarter of 2012.
  • On May 17, 2012, The Gap, Inc. announced that its Board of Directors authorized a quarterly dividend of $0.125 per share payable on or after July 24, 2012 to shareholders of record at the close of business on July 3, 2012.
  • On May 17, 2012, The Gap, Inc. announced that the Company raised its guidance for fiscal 2012 diluted earnings per share to be in the range of $1.78 to $1.83.
  • On May 3, 2012, Aeropostale Inc announced that based on the better than expected performance for the quarter, the Company new expects first quarter 2012 earnings in the range of $0.12-$0.13 per diluted share, versus its previously issued guidance range of $0.08-$0.10 per diluted share.
  • On May 3, 2012, The Gap, Inc. announced that for first quarter of 2012, it expects earnings per share in the range of $0.44 to $0.46. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.40 for first quarter of 2012.
  • On May 2, 2012, Hot Topic, Inc. announced that it has raised first quarter 2012 earnings guidance to a range of $0.07 to $0.08 per share, from $0.02 to $0.05 range per share based upon a comparable sales increase in the mid-single-digit percentage range.
  • On April 4, 2012, Hot Topic, Inc. announced that on April 2, 2012 its Board of Directors declared a regular quarterly dividend of $0.08 per share payable on April 30, 2012, to shareholders of record at the close of business on April 16, 2012.
  • On March 19, 2012, Dow Jones reported that The Gap, Inc. (Gap) has opened its first store in South Africa. The expansion in the region comes as the Company is closing stores in North America and opening outlets in other emerging markets.
  • On March 14, 2012, GUESS?, Inc. announced that for the first quarter of 2013, it expects consolidated net revenues to range from $560-$575 million and diluted earnings per share to be in the range of $0.25-$0.28. For fiscal 2013, it expects consolidated net revenues to range from $2.74-$2.78 billion and diluted earnings per share to be in the range of $2.50-$2.65. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $610 million, EPS of $0.48 for the first quarter of 2013; revenue of $2.83 billion and EPS of $3.18 for fiscal 2013.
  • On March 8, 2012, Aeropostale Inc announced that for the first quarter of 2012, the Company expects earnings in the range of $0.08 to $0.10 per diluted share . According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.12 for the first quarter of 2012.
  • On March 7, 2012, Hot Topic, Inc. announced that for the first quarter of 2012, it expects earnings per share in the range of $0.02 to $0.05. This guidance is based upon a comp store sales increase in the mid single digit percentage range.
  • On February 23, 2012, The Gap, Inc. announced that it has approved a new $1 billion share repurchase authorization and approved a plan to increase the annual dividend per share by 11%, from $0.45 in fiscal year 2011 to $0.50 for fiscal year 2012.
  • On February 23, 2012, The Gap, Inc. announced that for fiscal 2012, it expects diluted earnings per share to be in the range of $1.75 - $1.80. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.79 for fiscal 2012.
  • On February 16, 2012, Abercrombie & Fitch announced that for fiscal 2012, it expects earnings per share in the range of $3.50-$3.75. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $3.48 for fiscal 2012.

Technical Overview


The stock has a market capitalization of $4.10B and is currently trading at $20.93 with a 52 week range of $10.00 - $21.53. The stock's year-to-date performance has been 38.61%. It is currently trading above 20, 50 and 200 SMA.

Sources: Yahoo Finance, Google Finance, Marketwatch, Finviz, Reuters.

Source: Earnings Preview: American Eagle Outfitters Reports August 22