On August 22, American Eagle Outfitters posted second quarter fiscal 2012 adjusted earnings of 21 cents per share, climbing 62% year over year, mainly on the back of a double-digit growth in top line, coupled with lower input and operating expenses.
Our conclusion is that large cap banks are not currently priced for sustained earnings growth, and that those banks that can create operating leverage and deploy capital are in a position to achieve low double digit EPS growth even with modest top line growth.
The 16-digit account number stored in your card's magnetic stripe zooms across a leased phone line to the merchant's bank, zips under the Pacific to Visa's data center outside Tokyo and rides the Visa network to the data center of your issuing bank in Delaware.