American Eagle Outfitters Inc. (AEO) released a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $80.12 million, or $0.41 per share. This compares with $96.70 million, or $0.49 per share, in last year's third quarter.
Excluding items, American Eagle Outfitters Inc. reported adjusted earnings of $93.0 million or $0.48 per share for the period.
Analysts on average had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 0.9% to $1.289 billion from $1.301 billion last year.
American Eagle Outfitters Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $80.12 Mln. vs. $96.70 Mln. last year.-EPS (Q3): $0.41 vs. $0.49 last year.-Revenue (Q3): $1.289 Bln vs. $1.301 Bln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.