Investing.com – Nordstrom reported fourth quarter that beat analysts’ expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.48 on revenue of $4.38B. Analysts polled by Investing.com anticipated EPS of $1.42 on revenue of $4.6B. That compared to EPS of $1.2 on revenue of $4.7B in the same period a year earlier. The company had reported EPS of $0.67 on revenue of $3.75B in the previous quarter.
Nordstrom shares gained 3.66% to trade at $49.00 in after-hours trade following the report.
For the year, Nordstrom shares are up 1.42%, under-performing the which is up 12.41% year to date.
Nordstrom follows other major Services sector earnings this month
On January 31, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst’s expectations on January 30, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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