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After The Bell

Nordstrom Inc. (JWN) Is Falling After Full Year Guidance Lowered

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Nordstrom Inc. (JWN) reported second quarter EPS of $0.93 after the bell Thursday, up from $0.75 last year. The consensus estimate was for EPS of $0.88. The company also lowered its full year EPS forecast to between $3.60 and $3.70, from prior expectations of $3.65 to $3.80. The consensus estimate is for EPS of $3.78. The stock is now down 1.81 on 293K shares.

Nordstrom traded in a range for the majority of Thursday's session and closed down by 0.21 at $59.33. The stock finished near the lower end of a week and a half long range.

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