Macy's ( NYSE:M – Get Rating ) announced its quarterly earnings results on Thursday. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11, RTT News reports. Macy's had a net margin of 4.31% and a return on equity of 28.86%. The firm had revenue of $4.98 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the prior year, the company posted $1.08 EPS. The company's revenue was down 6.

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