On Thursday May 11th, Nordstrom (JWN) will release its first quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Nordstrom, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Nordstrom in Focus
Nordstrom, Inc. is one of the nation’s leading fashion specialty retailers, with stores located in a number of states, including full-line stores, Nordstrom Racks, Faconnable boutiques, and free-standing shoe stores. Nordstrom also operates Faconnable boutiques throughout Europe. Additionally, Nordstrom serves customers through its online presence and through its direct mail catalogs.
Nordstrom is expected to report earnings at $0.27 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.37, beating expectations by $0.24. Their average EPS surprise is 15.60%.
Nordstrom, Inc. Price, Consensus and EPS Surprise
Nordstrom, Inc. Price, Consensus and EPS Surprise | Nordstrom, Inc. Quote
Bottom Line
How should investors play Nordstrom ahead of their earnings report? For insights on the best options trades, then tune in 11:00 am tomorrow to see David’s thoughts.
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Nordstrom, Inc. (JWN): Free Stock Analysis Report
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Zacks Investment Research
May 11, 2017 at 04:11AM
from David Bartosiak
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