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Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Macy's (M) was reported on August 21, 2024 for Q3 2024. The company provided earnings per share guidance in the range of $-0.04 to $0.01, compared to the estimated EPS of $0.00. Additionally, Macy's forecasted revenue between $4.70B and $4.82B for the quarter.
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