Over 1 Year Ago
1 Min Read
Waiting for JWN's upcoming earnings report? Some things to think about
Nordstrom (JWN) is ready to report earnings on August 23. Here's a few things you should know about before they make the announcement.
A consensus of analyst reports suggests Nordstrom will report an EPS (earnings per share) of $0.80, GAAP of $0.80, on revenue of
A consensus of analyst reports suggests Nordstrom will report an EPS (earnings per share) of $0.80, GAAP of $0.80, on revenue of
$3.97B. Over the last 90 days, analysts have lowered estimates 11 times and raised them 3 times.
There are three primary things that JWN bulls will be concerned with. The first is that the reported EPS beat analysts estimates. The second is that the beat is on higher than expected revenues. Third, that the company guides analysts to robust growth going forward. If all check out, the stock should react accordingly.
JWN bears will be waiting to hear two things. The first is that the reported EPS underperformed the estimates of analysts. The stock will usually fall on that news, but not always. The second is that the report outlines a negative growth story for the stock in the coming quarters.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of JWN were trading at $24.37 as of August 15. Over the last 52-weeks, shares are down -35.15%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
There are three primary things that JWN bulls will be concerned with. The first is that the reported EPS beat analysts estimates. The second is that the beat is on higher than expected revenues. Third, that the company guides analysts to robust growth going forward. If all check out, the stock should react accordingly.
JWN bears will be waiting to hear two things. The first is that the reported EPS underperformed the estimates of analysts. The stock will usually fall on that news, but not always. The second is that the report outlines a negative growth story for the stock in the coming quarters.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of JWN were trading at $24.37 as of August 15. Over the last 52-weeks, shares are down -35.15%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Recommended Articles
