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Macy's Inc. Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for Macy's Inc. (M):

-Earnings: -$431 million in Q2 vs. $86 million in the same period last year.
-EPS: -$1.39 in Q2 vs. $0.28 in the same period last year.
-Excluding items, Macy's Inc. reported adjusted earnings of -$251 million or -$0.81 per share for the period.
-Analysts projected -$1.77 per share
-Revenue: $3.56 billion in Q2 vs. $5.55 billion in the same period last year.

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