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Earnings Estimates Moving Higher for American Eagle (AEO): Time to Buy?
AEOAmerican Eagle Outfitters(AEO) Zacks Investment Research·2024-03-19 17:21

American Eagle Outfitters (AEO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this teen clothing retailer reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong cor ...