Recap: Macy's Q4 Earnings

Macy's M reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:55 AM.

Here's what investors need to know about the announcement.

Macy's beat estimated earnings by 25.0%, reporting an EPS of $2.45 versus an estimate of $1.96.

Revenue was up $1.89 billion from the same period last year.

Last quarter the company beat on EPS by $0.92 which was followed by a 7.12% drop in the share price the next day.

Here's a look at Macy's's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.31	0.14	-0.41	0.12
EPS Actual	1.23	1.29	0.39	0.80
Revenue Estimate	5.20B	4.98B	4.36B	6.50B
Revenue Actual	5.44B	5.65B	4.71B	6.78B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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