Investing.com - Macy’s Inc reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.29 on revenue of $5.65B. Analysts polled by Investing.com expected EPS of $0.1863 on revenue of $4.97B. .
For the year, Macy’s Inc shares are up 60.62%, outperforming the S&P 500 which is up 17.15% year to date.
Macy’s Inc follows other major Services sector earnings this month
On Thursday, July 29, 2021, Amazon.com reported second quarter EPS of $15.12 on revenue of $113.08B, compared to forecasts of EPS of $12.23 on revenue of $115.42B.
Visa A earnings beat analyst's expectations on Tuesday, July 27, 2021, with third quarter EPS of $1.49 on revenue of $6.13B. Investing.com analysts expected EPS of $1.34 on revenue of $5.86B
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