Why American Eagle Outfitters Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga ·  May 31 01:48

Shares ofAmerican Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday's session following first-quarter results.

American Eagle Outfitters reported adjusted earnings of 17 cents per share and quarterly revenue of $1.143 billion, up from $1.08 billion from the same period last year, but below the analyst estimate of $1.15 billion, according to data from Benzinga Pro.

American Eagle Outfitters sees second-quarter operating income in a range of $95 million to $100 million and fiscal-year 2024 operating income in a range of $445 million and $465 million.

American Eagle Outfitters shares fell 4.5% to $22.98 on Thursday.

Here are some other stocks moving in today's mid-day...

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