American Eagle Outfitters Misses Q4 Estimates, Issues Outlook

American Eagle Outfitters (NYSE:AEO) announced Q4 EPS of $0.35, missing analyst estimates of $0.36. Revenues rose 14% year-over-year to $1.04 billion, missing consensus estimates of $1.14 billion.For the year, the company is planning a modest sales increase, and margin improvement. Increased product costs will continue to pressure margins in the first half of the year and lower product costs should benefit margins in the second half.American Eagle Outfitters (NYSE:AEO) has potential upside of 9.1% based on a current price of $14.63 and an average consensus analyst price target of $15.96.American Eagle Outfitters should find initial support at its 50-day moving average (MA) of $14.12 and further support at its 200-day MA of $13.10.In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has remained constant.

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