American Eagle Outfitters Inc (NYSE: AEO) exceeded expectations in their second quarter report, released after the market close. Following the news, the company's stock is surging. In Q2, the retailer reported revenue of $1.28 billion, surpassing analyst predictions of $1.24 billion. Earnings per share for the quarter were 45 cents, comfortably beating the estimated 20 cents per share. While total revenue showed a slight decline of 1% compared to the previous year, this decrease was mirrored in comparable sales which dropped by 1%, attributed to a 3% decrease in... For more details, visit Benzinga.com.