• Nordstrom Inc JWN.N reported quarterly adjusted earnings of $1.10​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 96 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 77 cents to $1.05 per share.

• Revenue fell 2.2% to $4.32 billion from a year ago; analysts expected $4.31 billion.

• Nordstrom Inc's reported EPS for the quarter was 97 cents​.

• The company reported quarterly net income of $165 million.

• Nordstrom Inc shares had risen by 0.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the department stores peer group is also "hold"

Wall Street's median 12-month price target for Nordstrom Inc is $24.00

This summary was machine generated from LSEG data March 4 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)