Macy's (M) Surpasses Q1 Earnings and Revenue Estimates
Macy's(M) zacks.com·2024-05-21 21:06
Macy's (M) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this department store operator would post earnings of $2.02 per share when it actually produced earnings of $2.45, delivering a surprise of 21.29%.Over the last four quarters, the compa ...