Macy's M reported its Q1 earnings results on Thursday, May 26, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Macy's beat estimated earnings by 31.71%, reporting an EPS of $1.08 versus an estimate of $0.82.
Revenue was up $642.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 5.24% drop in the share price the next day.
Here's a look at Macy's's past performance:
|Quarter||Q4 2021||Q3 2021||Q2 2021||Q1 2021|
To track all earnings releases for Macy's visit their earnings calendar here.
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