Nordstrom (NYSE:JWN) is set to issue its quarterly earnings data after the market closes on Tuesday, May 21st. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Nordstrom has set its FY 2019 guidance at $3.65-3.90 EPS.
Nordstrom (NYSE:JWN) last posted its earnings results on Thursday, February 28th. The specialty retailer reported $1.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.06. Nordstrom had a return on equity of 57.14% and a net margin of 3.56%. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.63 billion. During the same period last year, the company earned $1.20 earnings per share. On average, analysts expect Nordstrom to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE JWN opened at $37.60 on Tuesday. Nordstrom has a fifty-two week low of $37.41 and a fifty-two week high of $67.75. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.41 and a current ratio of 1.00. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 1.76 and a beta of 0.48.
In related news, insider Ken Worzel sold 17,125 shares of Nordstrom stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $45.00, for a total transaction of $770,625.00. Following the sale, the insider now directly owns 102,588 shares of the company’s stock, valued at $4,616,460. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Erik B. Nordstrom sold 17,762 shares of Nordstrom stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $44.07, for a total value of $782,771.34. Following the sale, the insider now directly owns 2,653,314 shares in the company, valued at $116,931,547.98. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,180 shares of company stock worth $2,164,864. 5.21% of the stock is owned by company insiders.
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Nordstrom Company Profile
Nordstrom, Inc, a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals.
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