American Eagle Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
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American Eagle Outfitters, Inc. (AEO) is set to release its fourth-quarter earnings on March 12, with expectations of 51 cents per share, down from 61 cents last year. Projected revenue is $1.6 billion, compared to $1.68 billion previously. Analysts have revised their ratings, with Citigroup lowering its price target from $21 to $13, Barclays from $19 to $17, and others adjusting their targets as well. American Eagle shares fell 5% to $11.49 ahead of the earnings call.
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