Nordstrom (JWN) Reports Q3 EPS of 39c, Comps Increase 2.3%
Nordstrom (NYSE: JWN) reported Q3 EPS of $0.39, may not compare to analyst estimate of $0.66. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.69 billion.
Comparable sales increased 2.3 percent in the third quarter, compared with the 13-week period ended October28, 2017.
GUIDANCE:
Nordstrom sees FY2018 EPS of $3.55-$3.65, versus the consensus of $3.60. Nordstrom sees FY2018 revenue of $15.5-15.6 billion, versus the consensus of $15.91 billion.
| Prior Outlook | � | Current Outlook | ||
| Net sales | $15.4 to $15.5 billion | � | $15.5 to $15.6 billion | |
| Comparable sales (percent) | 1.5 to 2 | Approximately 2 | ||
| Credit card revenues | Mid-teens growth | Mid-teens growth | ||
| EBIT (including impact of estimated credit-related charge) | — | $863 to $888 million | ||
| Earnings per diluted share (excluding the impact of any future share repurchases) | — | $3.27 to $3.37 | ||
| EBIT (excluding impact of estimated credit-related charge) | $925 to $960 million | $935 to $960 million | ||
| Earnings per diluted share (excluding the impact of non-recurring estimated credit-related charge and any future share repurchases) | $3.50 to $3.65 | $3.55 to $3.65 |
For earnings history and earnings-related data on Nordstrom (JWN) click here.