Macy's Q4 Earnings Preview

Macy's M will be releasing its next round of earnings this Tuesday, Feb. 26. For all of the relevant information, here is your guide for Tuesday's Q4 earnings announcement.

Earnings and Revenue

Sell-side analysts expect Macy's EPS to be near $2.53 on sales of $8.45 billion.

In the same quarter last year, Macy's posted a profit of $2.82 on sales of $8.67 billion. If the company were to report inline earnings when it publishes results Tuesday, quarterly profit would be down 10.28 percent. Sales would be down 2.49 percent on a year-over-year basis. Macy's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 0.14 0.5 0.35 2.69
EPS Actual 0.27 0.7 0.48 2.82

See Also: Q4 Retail Earnings Season Cheat Sheet

Stock Performance

Over the last 52-week period, shares are down 5.98 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. The most common rating from analysts on Macy's stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!