Macy’s, Inc. Reports Third Quarter 2024 Results

Go back to Macy’s, Inc. Reports Third Quarter 2024 Results

Macy's (M) PT Raised to $15 at CFRA

December 11, 2024 10:12 AM EST

CFRA analyst Zachary Warring raised the price target on Macy's (NYSE: M) to $15.00 (from $13.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month price target by $2 to $15, based on 6.0x our FY 26 (Jan.) EPS estimate and in between the... More

Macy's (M) Tops Q3 EPS by 5c, Offers FY25 Guidance

December 11, 2024 6:56 AM EST

Macy's (NYSE: M) reported Q3 EPS of $0.04, $0.05 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $4.74 billion versus the consensus estimate of $4.74 billion.

GUIDANCE:

Macy's sees FY2025 EPS of $2.25-$2.50, versus the consensus of $2.73. Macy's sees FY2025... More