** charts before earnings **
** charts after earnings **
American Eagle beats by $0.01, misses on revs; guides Q4 EPS in-line; Q3 comps +9%:
- Reports Q3 (Oct) earnings of $0.35 per share, $0.01 better than the Capital IQ Consensus of $0.34; revenues rose 7.6% year/year to $919.1 mln vs the $930.31 mln Capital IQ Consensus; Q3 comps +9% vs -5% last year. Gross profit increased 17% to $368 million and the gross margin rate leveraged 310 basis points to 40.0%.
- Co issues in-line guidance for Q4, sees EPS of $0.40-0.42 vs. $0.41 Capital IQ Consensus Estimate; sees mid single-digit increase in comparable sales in Q4; Q4 ending inventory at cost is expected to be up in the high single-digits.
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