Macy's (M) Reports Q2 Earnings: What Key Metrics Have to Say
Macy's(M) ZACKS·2024-08-21 22:31
Macy's (M) reported $4.94 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 $0.26 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 ...