Skip to main content

Nordstrom, Inc. (JWN) is expected to report adjusted net income of $122.1 million, or 76 cents a share, on sales of $3.9 billion after the market closes on Wednesday, based on a FactSet survey of 20 analysts.

In the same period a year ago, the company posted earnings of 95 cents a share on sales of $4.1 billion. It reported net income of $87 million.

The stock has fallen 31% since the company last reported earnings on May. 21.

Quarterly estimates have fallen 2 cents a share in the past month.

Nordstrom is currently trading at a price-to-forward-earnings ratio of 7.5 based on the 12-month estimates of 22 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting adjusted net income of $108.7 million, or 68 cents a share, on sales of $3.7 billion.

Save 57% With Our Labor Day Sale. Join Jim Cramer's Action Alerts PLUS investment club to become a smarter investor! Click here to sign up!

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.