How Will Nordstrom (JWN) Stock Be Affected By Its Earnings Report?

NEW YORK (TheStreet) -- Nordstrom (JWN) reported second quarter earnings of 95 cents per diluted share on revenue of $3.39 billion.

Analysts were expecting earnings of 94 cents per diluted share on revenue of $3.39 billion.

The retailer also reported a 3.3% increase in comparable sales, beating estimates of a 3.2% increase.

EXCLUSIVE OFFER: See inside Jim Cramer’s multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

Shares are down -1.4% to $67.73 in after-hours trading on Thursday.

TheStreet Ratings team rates NORDSTROM INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate NORDSTROM INC (JWN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

JWN Chart JWN data by YCharts
EXCLUSIVE OFFER: See inside Jim Cramer’s multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

If you liked this article you might like

You Are Forgetting This Commonsense Investing Wisdom

Stock Observations; Reviewing Equities: Doug Kass' Views

Cheaper as They Slide; Tax Reform -- Jim Cramer's Top Thoughts

Analysts Wrong on iPhone; Retail Not Going Away: Best of Cramer

Nordstrom Should Take Its $9 Billion and Go Private Immediately