Countdown to Macy's (M) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts project that Macy's will report a quarterly loss of -$0.14 per share, reflecting a significant decline of 450% year over year, with revenues expected to reach $4.59 billion, down 3.3% from the same quarter last year [1] Revenue Estimates - The average prediction for 'Revenue- Net Sales' is $4.59 billion, indicating a year-over-year decline of 3.3% [4] - 'Revenue- Other Revenue' is forecasted to be $187.08 million, showing a year-over-year increase of 16.2% [4] - 'Revenue- Other Revenue- Credit card revenues, net' is expected to be $136.89 million, reflecting a year-over-year growth of 14.1% [4] - 'Revenue- Other Revenue- Macy's Media Network revenue, net' is estimated to reach $50.21 million, indicating a year-over-year increase of 22.5% [5] Store Count Estimates - The estimated 'Store Count - Bluemercury (EOP)' is 176, up from 164 in the same quarter last year [5] - The consensus estimate for 'Store Count - Total Macy's (EOP)' is 451, down from 512 in the same quarter of the previous year [6] - The estimated 'Store Count - Consolidated Macy's, Inc. (EOP)' is projected to be 688, compared to 735 in the year-ago quarter [6] Stock Performance - Macy's shares have shown a return of +14.8% over the past month, outperforming the Zacks S&P 500 composite, which changed by +0.4% [6] - Macy's holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [6]