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Macys Earnings Estimate

M Stock  USD 19.99  0.14  0.71%   
The next projected EPS of Macys is estimated to be 0.14 with future projections ranging from a low of 0.12 to a high of 0.16. Macys' most recent 12-month trailing earnings per share (EPS TTM) is at 0.38. Please be aware that the consensus of earnings estimates for Macys Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Yuan Drop
 
Covid
Macys is projected to generate 0.14 in earnings per share on the 30th of April 2024. Macys earnings estimates module stress-tests analyst consensus about projected Macys Inc EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Macys, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Macys' earnings estimates, investors can diagnose different trends across Macys' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Macys' Pretax Profit Margin is very stable compared to the past year. As of the 29th of March 2024, Operating Profit Margin is likely to grow to 0.1, while Gross Profit is likely to drop about 9.2 B.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Macys Earnings Estimation Breakdown

The calculation of Macys' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Macys is estimated to be 0.14 with the future projection ranging from a low of 0.12 to a high of 0.16. Please be aware that this consensus of annual earnings estimates for Macys Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.45
0.12
Lowest
Expected EPS
0.14
0.16
Highest

Macys Earnings Projection Consensus

Suppose the current estimates of Macys' value are higher than the current market price of the Macys stock. In this case, investors may conclude that Macys is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Macys' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of April 2024Current EPS (TTM)
2268.01%
2.45
0.14
0.38

Macys Earnings History

Earnings estimate consensus by Macys Inc analysts from Wall Street is used by the market to judge Macys' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Macys' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Macys Quarterly Gross Profit

3.3 Billion

As of the 29th of March 2024, Price Earnings To Growth Ratio is likely to grow to 1.58, while Retained Earnings are likely to drop about 4.5 B. As of the 29th of March 2024, Common Stock Shares Outstanding is likely to grow to about 297.1 M, while Net Income Applicable To Common Shares is likely to drop about 617.3 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Macys' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.1019.9922.88
Details
Intrinsic
Valuation
LowRealHigh
16.8119.7022.60
Details
Naive
Forecast
LowNextHigh
15.6118.5021.39
Details
16 Analysts
Consensus
LowTargetHigh
13.4014.7316.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Macys. Your research has to be compared to or analyzed against Macys' peers to derive any actionable benefits. When done correctly, Macys' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Macys Inc. Note that many institutional investors and large investment bankers can move markets due to the volume of Macys assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Macys. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Macys' stock price in the short term.

Macys Earnings per Share Projection vs Actual

Actual Earning per Share of Macys refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Macys Inc predict the company's earnings will be in the future. The higher the earnings per share of Macys, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Macys Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Macys, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Macys should always be considered in relation to other companies to make a more educated investment decision.

Macys Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Macys' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-27
2024-01-311.962.450.4925 
2023-11-16
2023-10-310.110.210.190 
2023-08-22
2023-07-310.130.260.13100 
2023-06-01
2023-04-300.450.560.1124 
2023-03-02
2023-02-281.571.710.14
2023-03-02
2023-01-311.571.710.14
2023-02-20
2022-11-301.570.52-1.0566 
2022-11-17
2022-10-310.190.520.33173 
2022-11-17
2022-08-310.190.520.33173 
2022-08-23
2022-07-310.851.00.1517 
2022-08-23
2022-05-310.851.00.1517 
2022-05-26
2022-04-300.821.080.2631 
2022-05-26
2022-02-280.821.080.2631 
2022-02-22
2022-01-3122.450.4522 
2022-02-22
2021-11-3022.450.4522 
2021-11-18
2021-10-310.311.230.92296 
2021-11-18
2021-08-310.311.230.92296 
2021-08-19
2021-07-310.191.291.1578 
2021-08-19
2021-05-310.191.291.1578 
2021-05-18
2021-04-30-0.410.390.8195 
2021-05-18
2021-02-28-0.410.390.8195 
2021-02-23
2021-01-310.120.80.68566 
2021-02-23
2020-11-300.120.80.68566 
2020-11-19
2020-10-31-0.79-0.190.675 
2020-09-02
2020-08-31-1.77-0.810.9654 
2020-09-02
2020-07-31-1.77-0.810.9654 
2020-06-09
2020-05-31-2.03-2.030.0
2020-07-01
2020-04-30-2.03-2.030.0
2020-02-29
2020-02-291.962.120.16
2020-02-25
2020-01-311.962.120.16
2020-02-25
2019-11-301.962.120.16
2019-11-21
2019-10-310.140.07-0.0750 
2019-11-21
2019-08-310.140.07-0.0750 
2019-08-14
2019-07-310.450.28-0.1737 
2019-08-14
2019-05-310.450.28-0.1737 
2019-05-15
2019-04-300.330.440.1133 
2019-05-15
2019-02-280.330.440.1133 
2019-02-26
2019-01-312.532.730.2
2019-02-26
2018-11-302.532.730.2
2018-11-14
2018-10-310.140.270.1392 
2018-11-14
2018-08-310.140.270.1392 
2018-08-15
2018-07-310.510.70.1937 
2018-08-15
2018-05-310.510.70.1937 
2018-05-16
2018-04-300.370.480.1129 
2018-05-16
2018-02-280.370.480.1129 
2018-02-27
2018-01-312.712.820.11
2018-02-27
2017-11-302.712.820.11
2017-11-09
2017-10-310.190.230.0421 
2017-11-09
2017-08-310.190.230.0421 
2017-08-10
2017-07-310.460.480.02
2017-08-10
2017-05-310.460.480.02
2017-05-11
2017-04-300.340.24-0.129 
2017-05-11
2017-02-280.340.24-0.129 
2017-02-21
2017-01-311.962.020.06
2017-02-21
2016-11-301.962.020.06
2016-11-10
2016-10-310.410.17-0.2458 
2016-11-10
2016-08-310.410.17-0.2458 
2016-08-11
2016-07-310.460.540.0817 
2016-08-11
2016-05-310.460.540.0817 
2016-05-11
2016-04-300.360.40.0411 
2016-05-11
2016-02-290.360.40.0411 
2016-02-23
2016-01-311.892.090.210 
2016-02-23
2015-11-301.892.090.210 
2015-11-11
2015-10-310.540.560.02
2015-11-11
2015-08-310.540.560.02
2015-08-12
2015-07-310.760.64-0.1215 
2015-08-12
2015-05-310.760.64-0.1215 
2015-05-13
2015-04-300.620.56-0.06
2015-05-13
2015-02-280.620.56-0.06
2015-02-24
2015-01-312.42.440.04
2015-02-24
2014-11-302.42.440.04
2014-11-12
2014-10-310.50.610.1122 
2014-11-12
2014-08-310.50.610.1122 
2014-08-13
2014-07-310.860.8-0.06
2014-08-13
2014-05-310.860.8-0.06
2014-05-14
2014-04-300.590.60.01
2014-05-14
2014-02-280.590.60.01
2014-02-25
2014-01-312.172.310.14
2014-02-25
2013-11-302.172.310.14
2013-11-13
2013-10-310.390.470.0820 
2013-11-13
2013-08-310.390.470.0820 
2013-08-14
2013-07-310.780.72-0.06
2013-08-14
2013-05-310.780.72-0.06
2013-05-15
2013-04-300.530.550.02
2013-05-15
2013-02-280.530.550.02
2013-02-26
2013-01-311.992.050.06
2013-02-26
2012-11-301.992.050.06
2012-11-07
2012-10-310.290.360.0724 
2012-11-07
2012-08-310.290.360.0724 
2012-08-08
2012-07-310.640.670.03
2012-08-08
2012-05-310.640.670.03
2012-05-09
2012-04-300.40.430.03
2012-05-09
2012-02-290.40.430.03
2012-02-21
2012-01-311.651.70.05
2012-02-21
2011-11-301.651.70.05
2011-11-09
2011-10-310.160.320.16100 
2011-11-09
2011-08-310.160.320.16100 
2011-08-10
2011-07-310.50.550.0510 
2011-08-10
2011-05-310.50.550.0510 
2011-05-11
2011-04-300.180.30.1266 
2011-05-11
2011-02-280.180.30.1266 
2011-02-22
2011-01-311.521.570.05
2011-02-22
2010-11-301.521.570.05
2010-11-10
2010-10-310.050.080.0360 
2010-11-10
2010-08-310.050.080.0360 
2010-08-11
2010-07-310.290.350.0620 
2010-08-11
2010-05-310.290.350.0620 
2010-05-12
2010-04-300.050.050.0
2010-05-12
2010-02-280.050.050.0
2010-02-23
2010-01-311.371.40.03
2010-02-23
2009-11-301.371.40.03
2009-11-11
2009-10-31-0.07-0.030.0457 
2009-11-11
2009-08-31-0.07-0.030.0457 
2009-08-12
2009-07-310.150.20.0533 
2009-08-12
2009-05-310.150.20.0533 
2009-05-13
2009-04-30-0.2-0.160.0420 
2009-05-13
2009-02-28-0.2-0.160.0420 
2009-02-24
2009-01-311.011.060.05
2009-02-24
2008-11-301.011.060.05
2008-11-12
2008-10-31-0.19-0.080.1157 
2008-11-12
2008-08-31-0.19-0.080.1157 
2008-08-13
2008-07-310.190.290.152 
2008-08-13
2008-05-310.190.290.152 
2008-05-14
2008-04-30-0.020.020.04200 
2008-05-14
2008-02-29-0.020.020.04200 
2008-02-26
2008-01-311.61.650.05
2008-02-26
2007-11-301.61.650.05
2007-11-14
2007-10-310.070.10.0342 
2007-11-14
2007-08-310.070.10.0342 
2007-08-15
2007-07-310.260.290.0311 
2007-08-15
2007-05-310.260.290.0311 
2007-05-16
2007-04-300.190.16-0.0315 
2007-05-16
2007-02-280.190.16-0.0315 
2007-02-27
2007-01-311.581.660.08
2007-02-27
2006-11-301.581.660.08
2006-11-08
2006-10-310.250.2-0.0520 
2006-11-08
2006-08-310.250.2-0.0520 
2006-08-09
2006-07-310.440.490.0511 
2006-08-09
2006-05-310.440.490.0511 
2006-05-10
2006-04-300.010.010.0
2006-05-10
2006-02-280.010.010.0
2006-02-21
2006-01-311.311.370.06
2006-02-21
2005-11-301.311.370.06
2005-11-09
2005-10-310.110.180.0763 
2005-11-09
2005-08-310.110.180.0763 
2005-08-10
2005-07-310.420.420.0
2005-08-10
2005-05-310.420.420.0
2005-05-11
2005-04-300.340.360.02
2005-05-11
2005-02-280.340.360.02
2005-02-22
2005-01-311.271.270.0
2005-02-22
2004-11-301.271.270.0
2004-11-10
2004-10-310.190.210.0210 
2004-11-10
2004-08-310.190.210.0210 
2004-08-11
2004-07-310.230.22-0.01
2004-08-11
2004-05-310.230.22-0.01
2004-05-12
2004-04-300.240.260.02
2004-05-12
2004-02-290.240.260.02
2004-02-24
2004-01-311.131.150.02
2004-02-24
2003-11-301.131.150.02
2003-11-12
2003-10-310.170.180.01
2003-11-12
2003-08-310.170.180.01
2003-08-13
2003-07-310.310.320.01
2003-08-13
2003-05-310.310.320.01
2003-05-14
2003-04-300.080.120.0450 
2003-05-14
2003-02-280.080.120.0450 
2003-02-25
2003-01-310.980.89-0.09
2003-02-25
2002-11-300.980.89-0.09
2002-11-13
2002-10-310.190.190.0
2002-11-13
2002-08-310.190.190.0
2002-08-14
2002-07-310.310.330.02
2002-08-14
2002-05-310.310.330.02
2002-05-15
2002-04-300.210.220.01
2002-05-15
2002-02-280.210.220.01
2002-02-26
2002-01-310.930.950.02
2002-02-26
2001-11-300.930.950.02
2001-11-14
2001-10-310.080.090.0112 
2001-11-14
2001-08-310.080.090.0112 
2001-08-15
2001-07-310.210.220.01
2001-08-15
2001-05-310.210.220.01
2001-05-16
2001-04-300.180.210.0316 
2001-05-16
2001-02-280.180.210.0316 
2001-02-27
2001-01-311.051.080.03
2001-02-27
2000-11-301.051.080.03
2000-11-08
2000-10-310.10.130.0330 
2000-11-08
2000-08-310.10.130.0330 
2000-08-09
2000-07-310.130.150.0215 
2000-08-09
2000-05-310.130.150.0215 
2000-05-10
2000-04-300.190.210.0210 
2000-05-10
2000-02-290.190.210.0210 
2000-02-23
2000-01-310.991.020.03
2000-02-23
1999-11-300.991.020.03
1999-11-10
1999-10-310.260.280.02
1999-11-10
1999-08-310.260.280.02
1999-08-11
1999-07-310.290.310.02
1999-08-11
1999-05-310.290.310.02
1999-05-12
1999-04-300.150.210.0640 
1999-05-12
1999-02-280.150.210.0640 
1999-03-02
1999-01-310.910.980.07
1998-11-11
1998-10-310.250.250.0
1998-11-11
1998-08-310.250.250.0
1998-08-12
1998-07-310.210.240.0314 
1998-08-12
1998-05-310.210.240.0314 
1998-03-03
1998-02-280.830.830.0
1997-11-12
1997-08-310.220.240.02
1997-08-13
1997-05-310.130.160.0323 
1997-05-14
1997-02-280.040.060.0250 
1996-11-13
1996-08-310.160.170.01
1996-08-14
1996-05-310.060.080.0233 

About Macys Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Macys earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Macys estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Macys fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings6.2 B4.5 B
Retained Earnings Total Equity9.2 B6.4 B
Price Earnings Ratio 48.65  14.87 
Price Earnings To Growth Ratio(0.53) 1.58 

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When determining whether Macys Inc is a strong investment it is important to analyze Macys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Macys' future performance. For an informed investment choice regarding Macys Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Macys Stock analysis

When running Macys' price analysis, check to measure Macys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
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Is Macys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macys. If investors know Macys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.662
Earnings Share
0.38
Revenue Per Share
87.039
Quarterly Revenue Growth
(0.02)
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macys' market value can be influenced by many factors that don't directly affect Macys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.