Macy's shares jump after earnings blow past estimates

📆 15/05/2019 17:14:00
📰 MarketWatch

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Macy's shares surge premarket after earnings blow past estimates

Macy's Inc. M, +1.02% shares jumped 6.6% in Wednesday premarket trading after the department store retailer reported first-quarter profit that blew past estimates. Net income totaled $136 million, or 44 cents per share, down from $139 million, or 45 cents per share last year. The FactSet consensus was for 33 cents. Sales totaled $5.50 billion, down slightly from $5.54 billion last year and just below the $5.53 billion FactSet guidance. Same-store sales on an owned basis rose 0.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Berkshire takes $377 million charge tied to solar company that U.S. linked to fraudWarren Buffett's Berkshire Hathaway Inc on Wednesday said a $377 million ch...
La source: Reuters - 🏆 2. / 97 Lire la suite »

The top 5 must-reads for business leaders, according to a handful of America's most effective CEOsThe top 5 must-reads for business leaders, according to America's most effective CEOs (via Inc) Inc rahimi_haseeb
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »