Countdown to Macy's (M) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Analysts on Wall Street project that Macy's (M) will announce quarterly loss of -$0.14 per share in its forthcoming report, representing a decline of 450% year over year. Revenues are projected to reach $4.59 billion, declining 3.3% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 1.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Befor ...