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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Macy's (M) Earnings Date, Estimates & Call Transcripts

$18.54
-0.50 (-2.63%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 6Estimated
Actual EPS
(Feb. 27)
$2.45 Beat By $0.47
Consensus EPS
(Feb. 27)
$1.98
Skip Charts & View Estimated and Actual Earnings Data

M Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

M Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Macy's Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.45$0.95$0.710.100 - 0.160
Q2 20243$0.12$0.93$0.60 
Q3 20243$0.01$0.37$0.13 
Q4 20243$1.95$2.09$2.02 
FY 202412$2.53$4.34$3.47 
Q1 20252$0.14$0.14$0.14 
Q2 20253$0.21$0.74$0.41 
Q3 20253$0.03$0.34$0.15 
Q4 20252$0.16$2.17$1.17 
FY 202510$0.54$3.39$1.87 
Q1 20261$0.17$0.17$0.17 
Q2 20261$0.25$0.25$0.25 
Q3 20261$0.06$0.06$0.06 
Q4 20261$2.22$2.22$2.22 
FY 20264$2.70$2.70 $2.70

M Earnings Date and Information

Macy's last announced its quarterly earnings results on February 27th, 2024. The reported $2.45 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.47. The company had revenue of $8.12 billion for the quarter, compared to analyst estimates of $8.07 billion. Its quarterly revenue was down 1.7% on a year-over-year basis. Macy's has generated $0.37 earnings per share over the last year ($0.37 diluted earnings per share) and currently has a price-to-earnings ratio of 50.1. Earnings for Macy's are expected to decrease by -1.17% in the coming year, from $2.57 to $2.54 per share. Macy's has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off prior year's report dates.

Macy's Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/6/2024
Estimated)
------- 
2/27/2024Q1 2024$1.98$2.45+$0.47$5.16$8.07 billion$8.12 billion    
11/16/2023Q3 2024-$0.21+$0.21$0.27$4.78 billion$4.86 billion    
8/22/2023Q3 2023$0.13$0.26+$0.13$0.60$5.07 billion$5.15 billion    
6/1/2023Q1 2023$0.45$0.56+$0.11$0.56$5.01 billion$4.98 billion    
3/2/2023Q4 2022$1.57$1.88+$0.31$1.93$8.27 billion$8.26 billion    
11/17/2022Q3 2023$0.19$0.52+$0.33$0.65$5.20 billion$5.23 billion    
8/23/2022Q2 2023$0.85$1.00+$0.15$1.01$5.48 billion$5.60 billion    
5/26/2022Q1 2023$0.82$1.08+$0.26$1.18$5.33 billion$5.35 billion    
2/22/2022Q4 2022$2.00$2.45+$0.45$2.46$8.45 billion$8.67 billion    
11/18/2021Q4 2021$0.31$1.23+$0.92$1.70$5.23 billion$5.44 billion    
8/18/2021Q3 2021$0.22$1.29+$1.07$1.50$5.00 billion$5.65 billion    
5/18/2021Q2 2021($0.41)$0.39+$0.80$0.46$4.23 billion$4.71 billion  

Macy's Earnings - Frequently Asked Questions

When is Macy's's earnings date?

Macy's has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 6th, 2024 based off last year's report dates. Learn more on M's earnings history.

Did Macy's beat their earnings estimates last quarter?

In the previous quarter, Macy's (NYSE:M) reported $2.45 earnings per share (EPS) to beat the analysts' consensus estimate of $1.98 by $0.47. Learn more on analysts' earnings estimate vs. M's actual earnings.

How can I listen to Macy's's earnings conference call?

The conference call for Macy's's latest earnings report can be listened to online. Listen to Conference Call

How can I read Macy's's conference call transcript?

The conference call transcript for Macy's's latest earnings report can be read online. Read Transcript

How much revenue does Macy's generate each year?

Macy's (NYSE:M) has a recorded annual revenue of $23.87 billion.

How much profit does Macy's generate each year?

Macy's (NYSE:M) has a recorded net income of $105 million. M has generated $0.37 earnings per share over the last four quarters.

What is Macy's's price-to-earnings ratio?

Macy's (NYSE:M) has a trailing price-to-earnings ratio of 50.09 and a forward price-to-earnings ratio of 7.21.

What is Macy's's EPS forecast for next year?

Macy's's earnings are expected to decrease from $2.57 per share to $2.54 per share in the next year, which is a -1.17% change.


More Earnings Resources from MarketBeat

This page (NYSE:M) was last updated on 4/19/2024 by MarketBeat.com Staff

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