Nordstrom Inc. (NYSE:JWN) is a $9.66 billion market cap company that trades an average of 2.97 million shares per day. Analysts are expecting an improvement of $0.04 in earnings per share compared to last quarter's results of $0.69. The company was founded in 1901 and is based in Seattle, Washington.
Time Released: After Closing Bell
Industry: Retail (Apparel)
Recent Price: $43.61
52 Week High: $52.15
52 Week Low: $28.44
Book Value: $9.71
The number to beat is $0.73 per share, based on the estimated mean earnings. Analyst estimates range between $0.69 and $0.77 per share.
Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months (ttm) P/E ratio is 15.39, while the forward P/E ratio is now 12.62. An upside earnings report may put a lot of wind in the sails.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $9.70 billion for 2010 vs. $8.63 billion for 2009. The bottom line has rising earnings year-over-year of $613.00 million for 2010 vs. $441.00 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $1.12 billion for 2010 vs. $834.00 million for 2009.
The annual growth rate of revenue is 12.44%.
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Apr-11||$ 2.25 b||$ 2.23B||$ -23.98M||-1.06%|
|Jan-11||$ 2.82 b||$ 2.82B||$ -5.81M||-0.21%|
|Oct-10||$ 2.01 b||$ 2.09B||$ 76.20M||3.79%|
|Jul-10||$ 2.42 b||$ 2.42B||$ -2.08M||-0.09%|
|Apr-10||$ 1.98 b||$ 1.99B||$ 13.84M||0.7%|
M = millions, B = billions
Reported earnings per share compared to the mean estimate. Differences are rounded.
|Fiscal Quarter Ending Month-Year||Estimate||Actual||Difference||Difference %|
(Some onetime items are often excluded in reported EPS)
I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.