American Eagle Outfitters, Inc. (NYSE: AEO) is expected to register top and bottom-line growth when it reports first-quarter fiscal 2024 results on May 29. The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $1.2 billion, which indicates growth of 6.1% from the year-ago reported figure. The Zacks Consensus Estimate for fiscal first-quarter earnings is pegged at 28 cents per share, suggesting 64.7% growth from the year-ago quarter's reported number. The Zacks Consensus Estimate for the to-be-reported quarter's earnings has moved up by a penny in the past 30 days. The company's earnings beat the Zacks Consensus Estimate by 22% in the last reported quarter. It has an earnings surprise of 22.7% for the trailing four quarters, on average. American Eagle Outfitters, Inc. Price and EPS Surprise American Eagle Outfitters, Inc. price-eps-surprise | American Eagle Outfitters, Inc. Quote Unlocking the Key Factors American Eagle's first-quarter fiscal 2024 performance is expected to have benefited from continued brand strength and solid demand, driven by compelling products and exciting new marketing campaigns. Favorable demand for its leading brands and expansionary efforts into new markets have been driving its top-line performance. Innovation efforts, solid omnichannel capabilities and focus on efficient inventory management are likely to have boosted the top and bottom lines in the to-be-reported quarter. Additionally, AEO's cost-reduction efforts, strength in Aerie and solid online show remain key drivers to top and bottom lines. The company has been gaining from the robust Aerie brand, driven by sturdy demand in its core apparel, activewear extension, strength in the OFFLINE brand and renewed momentum in intimates. The brand has been on an extraordinary growth trajectory, which is likely to have continued in the to-be-reported quarter. A solid online show is expected to have aided the fiscal first-quarter performance. Also, the Real Power Real Growth value creation plan bodes well. AEO has been on track with the Real Power, Real Growth value-creation plan. Its first-quarter fiscal 2024 performance is expected to have benefited from significant progress on its Real Power Real Growth value creation plan. The plan has been driving profitability through real ...