Macy's Q2 Adj. EPS $0.40 Beats $0.37 Estimate, Sales $4.866B Beat $4.826B Estimate
Macy's (NYSE:M) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.37 by 8.11 percent. This is a 2.44 percent decrease over earnings of $0.41 per share from the same
Macy's made a little more money than people expected this quarter, even though it earned slightly less than last year. When a company beats what experts predicted, it shows the business is running well, so pay attention to whether they keep doing this.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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