Macy's(US:M) ZACKSยท2025-02-27 16:06Core Viewpoint - Macy's is anticipated to report a year-over-year decline in earnings and revenues for the quarter ended January 2025, which could significantly influence its stock price depending on how actual results compare to expectations [1][3]. Earnings Expectations - The consensus estimate for Macy's upcoming quarterly earnings is $1.55 per share, reflecting a decline of 36.7% year-over-year. Revenues are projected to be $7.78 billion, down 4.2% from the same quarter last year [3]. - The consensus EPS estimate has been revised 2.35% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Macy's is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.07%, which complicates the prediction of an earnings beat [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank. However, Macy's currently holds a Zacks Rank of 3, making it challenging to predict a positive outcome [8][11]. Historical Performance - In the last reported quarter, Macy's was expected to earn $0.07 per share but only achieved $0.04, resulting in a surprise of -42.86%. Over the past four quarters, the company has beaten consensus EPS estimates three times [12][13]. Conclusion - While Macy's does not appear to be a strong candidate for an earnings beat, investors should consider other factors that may influence stock performance ahead of the earnings release [16].