American Eagle Outfitters Inc. Reveals 39% Gain In Q1 Bottom Line

(RTTNews) - American Eagle Outfitters Inc. (AEO) released earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line came in at $40.48 million, or $0.22 per share. This was up from $29.06 million, or $0.15 per share, in last year's first quarter.

Analysts had expected the company to earn $0.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.1% to $749.42 million. This was up from $699.52 million last year.

American Eagle Outfitters Inc. earnings at a glance:

-Earnings (Q1): $40.48 Mln. vs. $29.06 Mln. last year. -Earnings Growth (Y-o-Y): 39.3% -EPS (Q1): $0.22 vs. $0.15 last year. -EPS Growth (Y-o-Y): 46.7% -Analysts Estimate: $0.18 -Revenue (Q1): $749.42 Mln vs. $699.52 Mln last year. -Revenue Change (Y-o-Y): 7.1%

-Guidance: Next quarter EPS guidance: $0.20 - $0.21