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Thursday, August 22, 2019

Nordstrom Earnings Beat, Revenue Misses In Q2

© Reuters.  Nordstrom Earnings Beat, Revenue Misses In Q2© Reuters. Nordstrom Earnings Beat, Revenue Misses In Q2



Investing.com - Nordstrom (NYSE:JWN) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.


The firm reported earnings per share of $0.9 on revenue of $3.78B. Analysts polled by Investing.com anticipated EPS of $0.76 on revenue of $3.94B. That compared to EPS of $0.95 on revenue of $4.07B in the same period a year earlier. The company had reported EPS of $0.23 on revenue of $3.44B in the previous quarter.


Nordstrom follows other major Services sector earnings this month

On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.


Alibaba ADR earnings beat analysts' expectations on August 15, with first quarter EPS of $12.55 on revenue of $114.92B. Investing.com analysts expected EPS of $10.3 on revenue of $111.83B


Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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