Nordstrom's Earnings Q3 Preview

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:

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