Nordstrom ($JWN) Gearing Up To Release Q2 2024 Earnings Report

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Nordstrom (NYSE: JWN) has set the date for the release of its second quarter financial results on Tuesday 27th August 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $0.71 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $3.9 billion for this period.

Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $14.84 billion. Additionally, they expect the company to reach profit of $1.75 per share for the fiscal year.

When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.84. This was attributed to the company's total revenue, which amounted to an impressive $3.77 billion during that same period.

JWN will host a conference call with investment community on 27th August 2024 at 04:45 PM eastern time to discuss the financial results.

Nordstrom (JWN) closed Friday's regular trading session at $21.73, indicating a 2.74 percent advance. During the day, JWN shares traded between $21.22 and $21.79, with a day volume of 2.22 million shares.