News Formal

Macy's shares jump after earnings blow past estimates

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

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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...
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »

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
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »