05.03.2024 22:10:33 - dpa-AFX: Nordstrom Inc. Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Nordstrom Inc. (JWN) released earnings for its fourth
quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $134 million, or $0.82 per share. This compares
with $119 million, or $0.74 per share, in last year's fourth quarter.
Excluding items, Nordstrom Inc. reported adjusted earnings of $0.96 per share
for the period.
Analysts on average had expected the company to earn $0.88 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 2.1% to $4.29 billion from $4.20
billion last year.
Nordstrom Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $134 Mln. vs. $119 Mln. last year.
-EPS (Q4): $0.82 vs. $0.74 last year.
-Revenue (Q4): $4.29 Bln vs. $4.20 Bln last year.
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