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Benzinga
Benzinga
Business
Adam Eckert

YOU WONT BELIEVE: American eagle stock is soaring thursday here s why - What They Never Told You

Q2 Beat Despite Sales Dip

American Eagle Outfitters Inc (NYSE:AEO) shares are surging Thursday after the company reported better-than-expected financial results for the second quarter.

What Happened: American Eagle beat analyst estimates on the top and bottom lines in the second quarter, reporting revenue of $1.28 billion versus estimates of $1.24 billion, and earnings per share of 45 cents versus estimates of 20 cents.

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