Macy’s (NYSE:M) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.19 by 173.68 percent. This is a 57.72 percent decrease over earnings of $1.23 per share from the same period last year. The company reported quarterly sales of $5.23 billion which beat the analyst consensus estimate of $5.20 billion by 0.58 percent. This is a 3.86 percent decrease over sales of $5.44 billion the same period last year.
Taiwan Semiconductor Is Top Pick For 2023, Revenue Likely To Grow 30% In FY24, Analyst Says
Needham analyst Charles Shi reiterated Buy on Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) with a $110 price target.
Shi maintained TSMC on Needham's Conviction List and named it Top Pick for 2023.
