Investing.com - Macy’s Inc reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.8 on revenue of $6.78B. Analysts polled by Investing.com expected EPS of $0.0498 on revenue of $6.49B. .
For the year, Macy’s Inc shares are up 35.82%, outperforming the S&P 500 which is up 3.21% year to date.
Macy’s Inc follows other major Services sector earnings this month
On Tuesday, February 2, 2021, Amazon.com reported fourth quarter EPS of $14.09 on revenue of $125.56B, compared to forecasts of EPS of $7.2 on revenue of $119.72B.
Alibaba ADR earnings beat analyst's expectations on Tuesday, February 2, 2021, with third quarter EPS of $22.03 on revenue of $221.08B. Investing.com analysts expected EPS of $20.59 on revenue of $214.17B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar