From Financial Modeling Prep: 2024-11-22 00:00:03

Macy’s (NYSE:M) is gearing up to announce its quarterly earnings, with analysts predicting a $0.01 loss per share, a significant 104.8% decline year-over-year. Revenue is expected to drop by 2.9% to $4.72 billion. Financial ratios like P/E and debt-to-equity shed light on Macy’s valuation and financial health, with a debt-to-equity ratio of 0.70 and a current ratio of 1.48 indicating a healthy liquidity position.



Read more at Financial Modeling Prep:: Macy’s (NYSE:M) Quarterly Earnings Preview