Macy’s (M) is scheduled to report fourth quarter earnings before the market open on Tuesday, February 23 with a conference call scheduled for 9:00 am ET. Macy’s is a retailer that sells a range of merchandise, including apparel and accessories, cosmetics, home furnishings and other consumer goods.

EXPECTATIONS: Analysts are looking for earnings per share of $1.89 on revenue of $8.83B, according to First Call. The consensus range for EPS is $1.85-$1.93 on revenue of $8.75B-$8.91B. On January 29, Macy’s cut its Q4 EPS view to $1.85-$1.90 excluding charges from $2.18-$2.23 and lowered its FY15 EPS view to $3.54-$3.59 excluding items from $2.18-$2.23 against analysts’ estimates at that time for $2.21.

LAST QUARTER: Macy’s reported third quarter EPS of 56c, beating analysts’ estimates of 54c, on revenue of $5.87B, which fell below estimates for $6.09B. Comparable sales on an owned plus licensed basis were down by 3.6% in Q3. On an owned basis, third quarter comparable sales declined by 3.9%. Looking ahead, Macy’s cut its FY15 EPS view to $4.20-$4.30 excluding charges from $4.70-$4.80, against estimates at that time for $4.65. Macy’s said FY15 comparable sales on an owned plus licensed basis to decrease by 1.8%-2.2%, compared with previous guidance of approximately flat. The company expects 2015 total sales to be down by 2.7%-3.1%, compared to previous guidance for total sales to be down approximately 1%.