** Shares of Macy's were up 1.0% on Tues, with the retailer due to report a decrease in quarterly rev when it reports results before the opening bell on Wed
** In late Nov, Macy's delayed its third-quarter results after finding that an employee hid as much as $154 mln in expenses over years.
** As of Tues, analysts expected the co to post quarterly rev of $4.78 bln vs $4.86 bln in the yr ago period, while they expected it to report earnings of 2c/shr vs 21c a yr ago, according to LSEG
** Macy's stock rose on Mon after activist investor Barington Capital urged the co to cut spending and consider the separation of a real-estate unit
** Analyst ratings on the stock include four "strong buy" or "buy" ratings, 10 "hold" ratings and one "sell" rating, based on LSEG data
** The median 12-mo price target is $17.00; the stock was last at $16.89
** The stock is down about 16% YTD
(Reporting by Caroline Valetkevitch)
((caroline.valetkevitch@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。