American Eagle Outfitters Inc. said its normalized net income for the fiscal fourth quarter ended Jan. 31 was 36 cents per share, compared with the S&P Capital IQ consensus estimate of 34 cents per share.
EPS rose 22.1% year over year from 30 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $71.1 million, a gain of 22.9% from $57.9 million in the fourth quarter ended Feb. 1, 2014.
Total revenue grew year over year to $1.07 billion from $1.04 billion, and total operating expenses rose year over year to $959.6 million from $949.2 million.
Reported net income rose from the prior-year period to $70.4 million, or 36 cents per share, from $11.5 million, or 5 cents per share.
For the year, the company's normalized net income totaled 70 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 62 cents.
EPS declined 5.8% from 74 cents in the prior year.
Normalized net income was $135.7 million, a fall of 5.5% from $143.6 million in the prior year.
Full-year total revenue amounted to $3.28 billion, compared with $3.31 billion in the prior year, and total operating expenses totaled $3.07 billion, compared with $3.08 billion in the year-earlier period.
The company said reported net income rose 7.3% year over year to $89.8 million, or 46 cents per share, in the full year, from $83.6 million, or 43 cents per share.
