Analysts anticipate Macy's to report an earnings per share (EPS) of $0.19.
The market awaits Macy's's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.01, leading to a 0.5% drop in the share price the following trading session.
Here's a look at Macy's's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
0.15
1.53
0.03
0.30
EPS Actual
0.16
1.80
0.04
0.53
Price Change %
-1.0%
6.0%
-3.0%
-2.0%
Market Performance of Macy's's Stock
Shares of Macy's were trading at $13.23 as of September 01. Over the last 52-week period, shares are down 13.5%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
Analysts' Perspectives on Macy's
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Macy's.
A total of 2 analyst ratings have been received for Macy's, with the consensus rating being Neutral. The average one-year price target stands at $15.0, suggesting a potential 13.38% upside.
Comparing Ratings with ...
