Analysts on Wall Street project that American Eagle Outfitters (AEO Quick QuoteAEO - Free Report) will announce quarterly earnings of $0.43 per share in its forthcoming report, representing a decline of 10.4% year over year. Revenues are projected to reach $1.32 billion, increasing 2.3% from the same quarter last year.

The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

That said, let's delve into the average estimates of some American Eagle metrics that Wall Street analysts commonly model and monitor.

Analysts' assessment points toward 'Total net revenue- American Eagle' reaching $839.85 million. The estimate indicates a year-over-year change of +1%.

The combined assessment of analysts suggests that 'Total net revenue- Aerie' will likely reach $430.78 million. The estimate points to a change of +5% from the year-ago quarter.

The average prediction of analysts places 'Number of stores - Aerie stand-alone (incl. OFFL/NE)' at 338 . Compared to the current estimate, the company reported 317 in the same quarter of the previous year.

According to the collective judgment of analysts, 'Number of stores - Total (EOP)' should come in at 1,188 . Compared to the current estimate, the company reported 1,186 in the same quarter of the previous year.

Based on the collective assessment of analysts, 'Number of stores - AE Brand' should arrive at 818 . Compared to the present estimate, the company reported 845 in the same quarter last year.

Analysts forecast 'Comparable store sales - Aerie' to reach 3.5%. Compared to the current estimate, the company reported 5.0% in the same quarter of the previous year.

The consensus estimate for 'Gross square footage - Total' stands at 7 millions of square feet. Compared to the present estimate, the company reported 7 millions of square feet in the same quarter last year.

Analysts predict that the 'Comparable store sales' will reach 2.4%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.

The consensus among analysts is that 'Comparable store sales- American Eagle Outfitters' will reach 1.7%. Compared to the current estimate, the company reported 5.0% in the same quarter of the previous year.

The collective assessment of analysts points to an estimated 'Number of stores - Todd Snyder' of 23 . Compared to the current estimate, the company reported 19 in the same quarter of the previous year.

Analysts expect 'Number of stores - Unsubscribed' to come in at 8 . The estimate compares to the year-ago value of 5 .

It is projected by analysts that the 'Operating income (loss)- Aerie' will reach $86.60 million. The estimate compares to the year-ago value of $88.91 million.

Over the past month, shares of American Eagle have returned +17.1% versus the Zacks S&P 500 composite's -0.3% change. Currently, AEO carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .