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Compared to Estimates, Macy's (M) Q1 Earnings: A Look at Key Metrics
MMacy's(M) zacks.com·2024-05-21 14:31

Macy's (M) reported 4.85billioninrevenueforthequarterendedApril2024,representingayearoveryeardeclineof2.74.85 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 2.7%. EPS of 0.27 for the same period compares to 0.56ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.56 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 4.84 billion, representing a surprise of +0.21%. The company delivered an EPS surprise of +50.00%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...