Tags: profit | American Eagle | forecast | estimates

American Eagle Forecasts Profit Below Estimates

Tuesday, 11 Mar 2014 09:36 AM

Teen apparel retailer American Eagle Outfitters Inc. forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand.

The company's shares fell 6 percent to $13.35 in premarket trading.

American Eagle said it expects to break even on a per-share basis in the first quarter.

Analysts on average were expecting a profit of 13 cents per share, according to Thomson Reuters I/B/E/S.

© 2017 Thomson/Reuters. All rights reserved.

 
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Teen apparel retailer American Eagle Outfitters Inc. forecast earnings for the current quarter that fell short of analysts' expectations, saying a severe winter had hurt demand.
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2014-36-11
Tuesday, 11 Mar 2014 09:36 AM
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