Nordstrom (JWN) Misses Q3 EPS by 13c
Get Alerts JWN Hot Sheet
Price: $19.72 +4.95%
Revenue Growth %: +0.3%
Financial Fact:
Interest expense, net: -30M
Today's EPS Names:
SFST, VLTO, CLIR, More
Revenue Growth %: +0.3%
Financial Fact:
Interest expense, net: -30M
Today's EPS Names:
SFST, VLTO, CLIR, More
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Nordstrom (NYSE: JWN) reported Q3 EPS of $0.39, $0.13 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $3.53 billion versus the consensus estimate of $3.52 billion.
FISCAL YEAR 2021 OUTLOOK:
The Company is reaffirming the following financial expectations for fiscal 2021:
- Revenue, including retail sales and credit card revenues, is expected to grow more than 35 percent versus fiscal 2020
- EBIT margin is expected to be approximately 3.0 to 3.5 percent of sales
- Income tax rate is expected to be approximately 27 percent
- Leverage ratio is expected to be approximately 3x by year-end
For earnings history and earnings-related data on Nordstrom (JWN) click here.
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