Speculating in Takeover Targets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.860

-2.6%

3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (5426)	8/14/2019 8:56:27 AM
From: E_K_S	Read Replies (3) of 7242

Macy's EPS misses by $0.17, shares tumble Aug. 14, 2019 8:01 AM ET\|About: Macy's, Inc. (M)\|By: Niloofer Shaikh, SA News Editor Macy's (NYSE: M): Q2 Non-GAAP EPS of $0.28 misses by $0.17; GAAP EPS of $0.28 misses by $0.15. Revenue of $5.55B (-0.4% Y/Y) in-line. Shares -7.28% PM. Press Release ----------------------------------------------------- The company guides for FY20 EPS of $2.85 to $3.05 vs. $3.05 to $3.25 prior and $3.07 consensus. Macy's says the EPS guidance doesn't reflect the fourth tranche of tariffs on goods from China. The company is evaluating the details of the tariffs and is actively working with its vendor partners and suppliers in China to help mitigate potential impact. ------------------------------------------------------------ Going to watch 1st hour for small Buy. Like to get some shares at $15.85/share or lower. Company did reduce their guidance -7% lower from previous estimates. Pre-market now at $16.33/share -14.5%

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next