As of May, 10 Macy's, Inc. (M) EPS Estimated At $0.36

May 3, 2018 - By Joshua Cleveland

Macy's, Inc. (NYSE:M) Corporate Logo

On May, 10. Investors wait Macy's, Inc. (NYSE:M) to publish its quarterly earnings, Zacks reports. This year’s earnings per share analyst estimate is awaited to be $0.36. That is 50.00 % up compareed to $0.24 earnings per share for last year. This could be $110.14M profit for M assuming the current $0.36 earnings per share will become reality. After $2.82 earnings per share was revealed previous quarter, analysts now see negative EPS growth of -87.23 % for Macy's, Inc.. M reached $31.26 during the last trading session after $0.08 change.Currently Macy's, Inc. is downtrending after 0.25% change in last May 3, 2017. M has also 593,255 shares volume. The stock underperformed the S&P 500 by 11.80%.

Macy's, Inc. (NYSE:M) Ratings Coverage

A total of 9 analysts rate Macy’s Inc (NYSE:M) as follows: 3 “Buy”, 6 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NYSE:M) has 14 ratings reports on May 3, 2018 according to StockzIntelligence. On Thursday, December 14 the stock of Macy's, Inc. (NYSE:M) has “Buy” rating given by Guggenheim. On Wednesday, February 28 the stock of Macy's, Inc. (NYSE:M) has “Equal-Weight” rating given by Morgan Stanley. On Friday, January 19 the rating was maintained by RBC Capital Markets with “Hold”. On Monday, November 13 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, February 27 Jefferies maintained Macy's, Inc. (NYSE:M) with “Hold” rating. On Thursday, December 28 the stock of Macy's, Inc. (NYSE:M) earned “Market Perform” rating by Telsey Advisory Group. On Monday, February 26 the firm has “Hold” rating given by Deutsche Bank. The company rating was maintained by Jefferies on Friday, November 10. On Thursday, March 1 the stock has “Outperform” rating by BMO Capital Markets. On Monday, November 13 the stock of Macy's, Inc. (NYSE:M) has “Outperform” rating given by BMO Capital Markets.

Macy's, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications.The firm is valued at $9.56 billion. The Company’s stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods.6.2 is the P/E ratio. The firm also operates stores that offer a range of women's, men's, and children's apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry.

Macy's, Inc. (NYSE:M) Institutional Investors Chart

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