Top Wall Street Forecasters Revamp Macy's Expectations Ahead Of Q1 Earnings
Macy's, Inc. M will release its first-quarter earnings results before the opening bell on Wednesday, May 28. Analysts expect the New York-based company to report quarterly earnings at 15 cents per share, down from 27 cents per share in the year-ago period. According to data from Benzinga Pro, Macy's projects to report quarterly revenue at 4.85 billion a year earlier. On May 16, the company's board of directors declared a regular quarterly dividend of 18.24 cents per share. Macy's ...