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Macy's (M) Tops Q2 EPS by 23c; cuts guidance

August 21, 2024 6:56 AM

Macy's (NYSE: M) reported Q2 EPS of $0.53, $0.23 better than the analyst estimate of $0.30. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.06 billion.

GUIDANCE:

Macy's sees FY2025 EPS of $2.55-$2.90, versus the consensus of $2.78. Macy's sees FY2025 revenue of $22.1-22.4 billion, versus the consensus of $22.84 billion.

For earnings history and earnings-related data on Macy's (M) click here.

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