M - Macy's Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
Macy’s, Inc. (NYSE:M) is set to release earnings results for its first quarter, before the opening bell on May 21.
Analysts expect the New York-based company to report quarterly earnings at 14 cents per share, down from 56 cents per share in the year-ago period. Macy’s is projected to report quarterly revenue of $4.85 billion, according to data from Benzinga Pro.
On April 10, Macy's named Richard Clark and Richard L. Markee to Board of Directors.
Macy’s shares fell 2% to close at $19.10 on Monday.
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