aeo

Revenues in the quarter rose 18% year-over-year to $719 million, inline with estimates.

Robert Hanson, chief executive officer stated, “I’m extremely pleased by our performance this quarter and appreciate the team’s accomplishments.

American Eagle Outfitters (NYSE:AEO) seeing green this morning. The clothing retailer reported Q1 EPS of $0.23, nearly 40% higher from the same period last year. This beat analyst estimates of $0.20 a share.

The bank cited AEO's high promotional percentage, with 70-75% of the store now marked down, vs. 40% at this time last year, which is most likely due to high inventories. They dropped their Q2 EPS estimate to $0.10 from $0.13, vs.

UBS lowered its price target for American Eagle Outfitters (NYSE:AEO) to $14 from $16 today while maintaining its neutral rating on the stock.

The bank now sees 2012 EPS of $0.95, down from $1.02 per share, vs. consensus estimates of $1.03 per share, and 2013 EPS of $1.30, down from $1.40 per share, vs. consensus estimates of $1.16 per share.

American Eagle Outfitters has a potential upside of 12.3% based on a current price of $14.63 and an average consensus analyst price target of $16.43.

Citigroup lowered its price target for American Eagle Outfitters (NYSE:AEO) to $18 from $20 and maintained its buy rating on the stock.

On the call side, Checkpoint Software is seeing more than 16 times the normal call volume after the company announced a share repurchase program. Shares of the company are up 2.5% today. Also topping the list of active call optio

American Eagle (NYSE:AEO) reported January same store sales fell 6%, that was a smaller decline than the 7.6% analysts were expecting. The company said it sees Q4 EPS on the high end of its earlier view of 41-43 cents. The Street

Consumer shares are mixed in mid-day trading while Time Warner (TWX) gains following strong earnings news. In mid-session news, Abercrombie & Fitch (ANF), Aeropostale (ARO) and American Eagle Outfitters (AEO) plan to stop repo

Still, the move is seen as making it harder for investors to follow the retail chains.

Abercrombie & Fitch shares are down 1.89%, or $0.96, to $49.79. American Eagle shares are down 1.23% to $14.49. Aeropostale shares are down 0.96% to $23.76."

"Abercrombie & Fitch (ANF), Aeropostale (ARO) and American Eagle Outfitters (AEO) plan to stop reporting same-store monthly sales, Bloomberg reports. Retail executives say the practice puts too much emphasis on short-term resu

Consolidated comparable store sales fell 11% for the month, compared to a 7% increase for the same period last year.

American Eagle Outfitters has a potential upside of 20.8% based on a current price of $14.24 and an average consensus analyst price target of $17.21.

American Eagle Outfitters (NYSE:AEO) announced that total sales for the five weeks ended January 1, 2011 fell 6% to $499 million, compared to $531 million for the five weeks ended January 2, 2010.

Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 34 points higher while the broader S&P500 index is looking to open 4 points higher.

American Eagle Outfitters (NYSE:AEO) was downgraded from Buy to Neutral at SunTrust Banks, Inc.