Nordstrom (NYSE:JWN) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.90-2.95 for the period, compared to the Thomson Reuters consensus estimate of $2.95.
Shares of Nordstrom (NYSE JWN) traded down $1.64 during trading hours on Tuesday, reaching $50.18. The company had a trading volume of 1,968,736 shares, compared to its average volume of 2,517,224. The firm has a market capitalization of $8,360.00, a P/E ratio of 17.61, a P/E/G ratio of 2.90 and a beta of 0.89. Nordstrom has a 1-year low of $37.79 and a 1-year high of $53.00. The company has a quick ratio of 0.30, a current ratio of 1.00 and a debt-to-equity ratio of 3.14.
Nordstrom (NYSE:JWN) last issued its quarterly earnings results on Thursday, November 9th. The specialty retailer reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.04. The business had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.50 billion. Nordstrom had a return on equity of 67.44% and a net margin of 3.25%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 earnings per share. sell-side analysts predict that Nordstrom will post 2.98 EPS for the current fiscal year.
TRADEMARK VIOLATION WARNING: “Nordstrom (JWN) Issues FY18 Earnings Guidance” was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://baseballnewssource.com/markets/nordstrom-jwn-releases-fy18-earnings-guidance/1821227.html.
Nordstrom Company Profile
Nordstrom, Inc is a fashion specialty retailer in the United States. The Company’s segments include Retail and Credit. As of March 20, 2017, the Company operated 344 the United States stores located in 40 states as well as an e-commerce business. The Company also offers its customers a variety of payment products and services, including credit and debit cards.
Receive News & Ratings for Nordstrom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordstrom and related companies with MarketBeat.com's FREE daily email newsletter.