$23.41
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At close: Aug 14, 5:00 PM EST
$23.56
0.150.64%
After Hours: Aug 14, 7:58 PM EST
Macy's Inc
MNYSE
Macy's Earnings & Forecasts
Macy's (M) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Macy's Guidance
Macy's (M) last issued guidance on June 3, 2026 for Q2 2026. The company guided earnings per share in the range of $0.29 - $0.34, compared to a consensus EPS estimate of $0.35. Macy's also guided revenue in the range of $4.75B - $4.8B for the period.
Compared to prior guidance, Macy's lowered its revenue forecast from a prior range of $21.5B - $21.75B.
Macy's has issued 31 guidance updates between August 23, 2022 and June 3, 2026. During this period, the company raised its outlook 10 times and lowered it 15 times, providing investors with insight into management's evolving expectations.
Recent Earnings Results
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.02 | $1.55 | $-0.14 | $0.19 |
| Actual | $0.13 | $1.67 | $0.09 | $0.41 |
| Surprise | +550.0% | +7.74% | +164.3% | +115.8% |
| Revenue | ||||
| Estimate | $4.61B | $7.55B | $4.58B | $4.71B |
| Actual | $4.68B | $7.64B | $4.71B | $4.81B |
| Surprise | +1.50% | +1.20% | +3.01% | +2.18% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q2 '26E | Q3 '26E | Q4 '26E | Q1 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.35 | $-0.12 | $1.84 | $0.05 |
| Revenue | ||||
| Consensus | $4.77B | $4.67B | — | $4.61B |
