American Eagle: Fiscal Q2 Earnings Snapshot

PITTSBURGH (AP) — PITTSBURGH (AP) — American Eagle Outfitters Inc. (AEO) on Wednesday reported fiscal second-quarter net income of $134.1 million.

On a per-share basis, the Pittsburgh-based company said it had profit of 79 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The teen clothing retailer posted revenue of $1.38 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.37 billion.

American Eagle shares have declined 36% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17, a decrease of almost 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEO at https://www.zacks.com/ap/AEO