Benzinga | Feb 23, 2021 06:56AM EST

Macy's Q4 Adj. EPS $0.80 May Not Compare To $0.12 Estimate, Sales $6.78B Beat $6.50B Estimate

Macy's (NYSE:M) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.12 by 566.67 percent. This is a 62.26 percent decrease over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of $6.78 billion which beat the analyst consensus estimate of $6.50 billion by 4.31 percent. This is a 18.68 percent decrease over sales of $8.34 billion the same period last year.