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Macy's, Inc. Message Board

  • bevego bevego Feb 7, 2013 8:19 AM Flag

    300 milions return in February didnt mention??

    thatGiven its strong January performance, the company is raising fourth quarter earnings guidance to the level previously provided in November 2012. Earnings per diluted share for the fourth quarter of 2012 is now expected in the range of $1.94 to $1.99, excluding costs associated with the previously announced debt tender offer and store closings. This compares with earnings guidance provided on Jan. 3, 2013 for fourth quarter earnings in the range of $1.91 to $1.96 per diluted share, excluding those costs.

    Including the 22 cents per diluted share for costs associated with the debt tender offer and store closings, earnings per diluted share for the fourth quarter of 2012 are now expected to be in the range of $1.72 to $1.77.

    s why did not increase predictided earnings(even lower) shorted @41.25 se you m in 35 in week

    Sentiment: Strong Sell

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