American Eagle (AEO) reported earnings on Wed 11 Dec 19 (b/o)

** charts after earnings **

  

American Eagle reports EPS in-line, beats on revs; guides Q4 EPS below consensus

Reports Q3 (Oct) earnings of $0.48 per share, in-line with the S&P Capital IQ Consensus of $0.48; revenues rose 6.2% year/year to $1.07 bln vs the $1.06 bln S&P Capital IQ Consensus.

• Consolidated comparable sales increased 5%, following an 8% comparable sales increase last year, and were positive across both store and digital channels.
• By brand, American Eagle's comparable sales increased 2%, following a 5% increase last year. Aerie's comparable sales increased 20%, building on a 32% increase last year and marking the 20th consecutive quarter of double-digit sales growth.

Co issues downside guidance for Q4, sees EPS of $0.34-0.36 vs. $0.46 S&P Capital IQ Consensus, comparable sales approximately flat