Macy's (NYSE:M) is gearing up to announce its quarterly earnings on Wednesday, 2025-12-03. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Macy's will report an earnings per share (EPS) of $-0.14.

Macy's bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.22, leading to a 5.9% increase in the share price on the subsequent day.

Here's a look at Macy's's past performance and the resulting price change:

Quarter

Q2 2025

Q1 2025

Q4 2024

Q3 2024

EPS Estimate

0.19

0.15

1.53

0.03

EPS Actual

0.41

0.16

1.80

0.04

Price Change %

6.00

-1.00

6.00

-3.00

Market Performance of Macy's's Stock

Shares of Macy's were trading at $22.82 as of December 01. Over the last 52-week period, shares are up 34.35%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Insights on Macy's

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis ...