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American Eagle Outfitters Inc. Q1 adjusted earnings of $0.24 per share

American Eagle Outfitters Inc. (AEO) announced a profit for its first quarter that climbed from last year.

The company's earnings came in at $40.75 million, or $0.23 per share. This compares with $39.93 million, or $0.22 per share, in last year's first quarter.

Excluding items, American Eagle Outfitters Inc. reported adjusted earnings of $49.39 million or $0.24 per share for the period.

The company's revenue for the quarter rose 7.7% to $886.29 million from $822.96 million last year.

American Eagle Outfitters Inc. earnings at a glance:

-Earnings (Q1): $49.39 Mln. vs. $52.27 Mln. last year.
-EPS (Q1): $0.24 vs. $0.23 last year.
-Revenue (Q1): $886.29 Mln vs. $822.96 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.30 to $0.32

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