Macy's Sets FY Adjusted EPS Guidance at $2.00-$2.20
M has more than doubled off its 52-week low of $10.54 on elevated volume (2.1× avg).
Summary
Macy's has issued its full-year adjusted EPS guidance, projecting between $2.00 and $2.20. This guidance provides the company's official outlook for the current fiscal year, following strong FY25 results reported in March. It also comes shortly after analysts projected significant declines for the upcoming Q1 results. This new guidance is a key metric for investors and will influence valuation models. The actual Q1 earnings release will be important to see how the company is tracking against this new full-year outlook.
At the time of this announcement, M was trading at $22.55 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $10.54 to $24.41. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.