Seeking Clues to Macy's (M) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

In its upcoming report, Macy's (M) is predicted by Wall Street analysts to post quarterly earnings of $2.02 per share, reflecting an increase of 7.5% compared to the same period last year. Revenues are forecasted to be $8.1 billion, representing a year-over-year decrease of 2%.Over the last 30 days, there has been an upward revision of 2.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ...