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American Eagle tops estimates in third quarter

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American Eagle tops estimates in third quarter

American Eagle Outfitters reported fiscal third-quarter net income of $91.3 million, or 53 cents per share, topping Wall Street’s 43-cent estimate, according to Zacks. Revenue reached $1.36 billion, above the $1.32 billion expected by five analysts. The Pittsburgh-based teen clothing retailer’s shares have climbed 25% since the start of the year and traded at $20.83 in the final minutes Tuesday, up 4.5% over the past 12 months.

Prepared by Christopher Adams and reviewed by editorial team.

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