Home » Top Wall Street Forecasters Revamp Nordstrom Price Expectations Ahead Of Q4 Earnings

Top Wall Street Forecasters Revamp Nordstrom Price Expectations Ahead Of Q4 Earnings

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Nordstrom, Inc. (NYSE:JWN) will release its fourth-quarter financial results, after the closing bell, on Tuesday, March 4.

Analysts expect the Seattle, Washington-based company to report quarterly earnings at 93 cents per share, down from 96 cents per share in the year-ago period. Ross Stores projects quarterly revenue of $4.33 billion, compared to $4.42 billion a year earlier, according to data from Benzinga Pro.

On Feb. 26, Nordstrom reported that its board of directors approved a quarterly dividend of 19 cents per share.

Nordstrom shares fell 0.2% to close at $24.24 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have …

Full story available on Benzinga.com

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