What to Expect From Nordstrom's Earnings Report Thursday

| About: Nordstrom Inc. (JWN)

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%
Click to enlarge

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 %
Apr-11 0.67 0.69 0.02 2.99%
Jan-11 1.00 1.04 0.04 4%
Oct-10 0.51 0.53 0.02 3.92%
Jul-10 0.66 0.66 0 0.00%
Apr-10 0.55 0.52 -0.03 -5.45%
Click to enlarge

(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.