Nordstrom Inc expected to post earnings of 71 cents a share - Earnings Preview

Nordstrom

23/08/2024 21:18

* Nordstrom Inc  JWN.N   JWN  is expected to show a rise in
quarterly revenue when it reports  results on August 27 for the
period ending July 31 2024
    * The Seattle Washington-based  company is expected to
report a
3.3% increase in revenue to $3.896 billion from $3.77 billion a
year ago, according to the mean estimate from 14 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Nordstrom Inc is for
earnings
of 71 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"hold" and 5 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nordstrom
Inc is
$19.00​, below​ its last closing price of $21.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -0.05       -0.08      -0.24     Missed  -219.4
 Jan. 31 2024  0.85        0.88       0.96      Beat    9.6
 Oct. 31 2023  0.08        0.13       0.25      Beat    99.3​
 Jul. 31 2023  0.45        0.44       0.84      Beat    88.8
 ​​Jan.        -0.14       -0.13      0.07      Beat    154.8
 1 0001                                                 
 Jan. 31 2023  0.66        0.66       0.74      Beat    11.9​
 Oct. 31 2022  0.13        0.13       0.20      Beat    49.3
 Jan. 1 0001   0.81        0.80       0.81      Beat    1.3
 This summary was machine generated August 23 at 20:18 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)