Macy’s (NYSE:M) Surpasses Earnings and Revenue Est…
From Financial Modeling Prep: 2024-11-27 19:06:39
In summary, Macy’s reported an EPS of $0.04, surpassing the estimated EPS of -$0.01, with revenue reaching $4.74 billion. The company maintains a P/E ratio of 24.09 and a debt-to-equity ratio of 0.70. Despite challenges, Macy’s is navigating through internal accounting issues under new leadership, with a full report expected by December 11th.
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