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Macy's (M) Declares $0.3775 Quarterly Dividend; 4.5% Yield

Macy's (NYSE: M) declared a quarterly dividend of $0.3775 per share, or $1.51 annualized.

The dividend will be payable on July 2, 2018, to stockholders of record on June 15, 2018, with an ex-dividend date of June 14, 2018.

The annual yield on the dividend is 4.5 percent.

For a... More

Nordstrom (JWN) Tops Q1 EPS by 7c, Revenue Beats; Boosts FY18 EPS Mid-Point Guidance Above Consensus

Nordstrom (NYSE: JWN) reported Q1 EPS of $0.51, $0.07 better than the analyst estimate of $0.44. Revenue for the quarter came in at $3.56 billion versus the consensus estimate of $3.46 billion.

GUIDANCE:

Nordstrom sees FY2018 EPS of $3.35-$3.55, versus the consensus of $3.43.

For earnings history and earnings-related data on Nordstrom (JWN) click here.

Facebook (FB) PT Maintained at $225 at Goldman Sachs on User & Engagement Data Release for April

Goldman Sachs maintained its price target on Facebook (NASDAQ: FB) at $225.00 while maintaining a Buy rating, following the release of U.S. internet usage data for the month of April.

Analyst Heather Bellini reiterates her outlook on the shares, as FB... More

Macy's (M) Tops Q1 EPS by 13c, Revenue Beats; 'Raises Earnings & Sales Guidance for Fiscal 2018'

Macy's (NYSE: M) reported Q1 EPS of $0.48, $0.13 better than the analyst estimate of $0.35. Revenue for the quarter came in at $5.54 billion versus the consensus estimate of $5.39 billion.

Looking Ahead - Raising Earnings and Sales Guidance

Macy\'s, Inc. is updating its guidance for fiscal 2018. The company now expects adjusted earnings per diluted share of $3.75 to $3.95 in fiscal 2018, excluding anticipated settlement charges related to the companys defined benefit plans as well as impairment and other costs. This reflects an increase of 20 cents compared to the prior guidance. Total sales are expected to range... More