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Macy's (M) Reports Q2 Earnings: What Key Metrics Have to Say
MMacy's(M) ZACKS·2024-08-21 14:31

Macy's (M) reported 4.94billioninrevenueforthequarterendedJuly2024,representingayear−over−yeardeclineof3.84.94 billion in revenue for the quarter ended July 2024, representing a year-over-year decline of 3.8%. EPS of 0.53 for the same period compares to 0.26ayearago.Thereportedrevenuerepresentsasurpriseof−2.940.26 a year ago.The reported revenue represents a surprise of -2.94% over the Zacks Consensus Estimate of 5.09 billion. With the consensus EPS estimate being $0.32, the EPS surprise was +65.62%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...