The anticipated EPS of $1.55 for the quarter ending January 2025 represents a significant year-over-year decline of 36.7%.
Projected revenue of $7.78 billion, marking a 4.2% decrease compared to the same quarter last year.
Analysts have revised the consensus EPS estimate downward by 2.4% over the past 30 days, indicating potential short-term stock price movements.
Macy’s (NYSE:M) is a well-known American department store chain, offering a wide range of products from clothing to home goods. As a major player in the retail industry, Macy’s competes with other giants like Nordstrom and Kohl’s. The company is set to release its quarterly earnings on March 6, 2025, with analysts estimating earnings per share (EPS) of $1.55 and revenue of approximately $7.76 billion.
The anticipated EPS of $1.55 for the quarter ending January 2025 represents a significant year-over-year decline of 36.7%. This drop in earnings is coupled with a projected revenue of $7.78 billion, marking a 4.2% decrease compared to the same quarter last year. These figures suggest a challenging period for Macy’s, reflecting broader retail industry trends and potential shifts in consumer spending.
Over the past 30 days, analysts have revised the consensus EPS estimate downward by 2.4%. This trend in earnings estimate revisions is important, as research shows a strong link between these revisions and short-term stock price movements. Investors should pay close attention to these changes, as they can provide insights into potential market reactions following Macy’s earnings announcement.
Macy’s current financial metrics offer additional context for its upcoming earnings report. The company has a price-to-earnings (P/E) ratio of 22.01, indicating how the market values its earnings. Its price-to-sales ratio is 0.16, suggesting a relatively low market valuation compared to its revenue. The enterprise value to sales ratio is 0.39, while the enterprise value to operating cash flow ratio is 8.25, reflecting cash flow efficiency.
Macy’s maintains a moderate debt level with a debt-to-equity ratio of 0.34, and a current ratio of 1.26, indicating a healthy liquidity position to cover short-term liabilities. These financial metrics, along with the upcoming earnings report, will be crucial for investors to assess Macy’s performance and future prospects in the competitive retail landscape.
