NEW YORK (TheStreet) -- American Eagle Outfitters (AEO) shares are down -5.1% to $11.36 ahead of Wednesday's release of the company's earnings results for the fiscal quarter ending in April, as retail stocks fell big in market trading on Tuesday.
Urban Outfitters (URBN) shares are down -8.2% to $33.23 after posting disappointing first quarter earnings earlier today, while Dick's Sporting Goods (DKS) is plummeting -18% to $43.59 after its weak earnings report.
Analysts are expecting American Eagle Outfitters to break even this quarter after posting a net income of 13 cents per share in the previous quarter. They report before tomorrow's market open.
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TheStreet Ratings team rates AMERN EAGLE OUTFITTERS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate AMERN EAGLE OUTFITTERS INC (AEO) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins."