Macy's (M) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Macy's (M) reported $8.12 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 1.7%. EPS of $2.45 for the same period compares to $1.88 a year ago.The reported revenue represents a surprise of +0.33% over the Zacks Consensus Estimate of $8.09 billion. With the consensus EPS estimate being $2.02, the EPS surprise was +21.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...