On Thursday, Nordstrom JWN will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts covering Nordstrom modeled for quarterly EPS of 64 cents on revenue of $3.67 billion.
In the same quarter last year, Nordstrom posted a profit of 67 cents on sales of $3.75 billion. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 4.48%. Revenue would have fallen 2.08% from the same quarter last year. Here's how the Nordstrom's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
EPS Estimate | 0.770 | 0.430 | 1.43 | 0.65 |
EPS Actual | 0.900 | 0.230 | 1.48 | 0.67 |
Stock Performance
Over the past 52-week period, shares of Nordstrom have declined 30.75%. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Nordstrom stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Nordstrom is scheduled to hold a conference call at 4:45 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/mxcgzmig
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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