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Bartosiak: Trading Macy's (M) Earnings with Options

On Tuesday, February 21st, Macy (M) will release its fourth quarter earnings results before the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.

Dave will look at Macy's past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Macy ahead of earnings.

Macy in Focus

Macy's is one of the nation's premier retailers, operating about 885 stores in 45 states, the District of Columbia, Guam and Puerto Rico, under the names of Macy's, Bloomingdale's, Bloomingdale's Outlet and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Prior to June 1, 2007, Macy's was known as Federated Department Stores.

Macy is expected to report earnings at $2.00 per share according to the Zacks Consensus Estimate. Last quarter they missed earnings expectations by 57.50%. They reported earnings at $0.17 per share, missing their estimate of $0.40. They have an average earnings surprise of 1.04%.

Macy's Inc Price, Consensus and EPS Surprise

Macy's Inc Price, Consensus and EPS Surprise | Macy's Inc Quote

Bottom Line

How should investors play Macy ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm tomorrow to see David's thoughts.

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Macy's Inc (M): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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