Investing.com - American Eagle Outfitters reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
American Eagle Outfitters announced earnings per share of $0.42 on revenue of $1.2B. Analysts polled by Investing.com anticipated EPS of $0.23 on revenue of $1.21B.
American Eagle Outfitters shares are down 48.66% from the beginning of the year , still down 55.46% from its 52 week high of $29.19 set on Tuesday, November 23, 2021.
American Eagle Outfitters shares gained 1.15% in pre-market trade the report.
American Eagle Outfitters follows other major Consumer Discretionary sector earnings this month
American Eagle Outfitters's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Home Depot had beat expectations on Tuesday, November 15, 2022 with third quarter EPS of $4.24 on revenue of $38.9B, compared to forecast for EPS of $4.12 on revenue of $37.92B.
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