Investing.com - Macy’s Inc reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.08 on revenue of $8.75B. Analysts polled by Investing.com forecast EPS of $0.8218 on revenue of $5.33B. .
Macy’s Inc follows other major Consumer Discretionary sector earnings this month
On May 11, Panasonic Corp PK reported fourth quarter EPS of $0.1997 on revenue of $15.34B, compared to forecasts of EPS of $0.1559 on revenue of $15.34B.
Amazon.com earnings missed analyst's expectations on April 28, with first quarter EPS of $-7.56 on revenue of $116.44B. Investing.com analysts expected EPS of $8.35 on revenue of $116.45B
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