Gear Up for Nordstrom (JWN) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Nordstrom (JWN) is expected to report a decline in quarterly earnings and revenues, with analysts revising their estimates downward, indicating potential challenges for the company in the upcoming earnings report [1][2][3]. Financial Performance Estimates - Analysts predict quarterly earnings of $0.90 per share, a decrease of 6.3$4.29 billion, reflecting a year-over-year decrease of 2.9% [1]. - The consensus EPS estimate has been revised 9.6% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [2]. Key Revenue Metrics - 'Revenues- Credit card revenues, net' are estimated at $121.07 million, showing a year-over-year decline of 4.7$4.17 billion, indicating a change of -2.8% from the prior-year quarter [5]. - 'Total net sales- Nordstrom Rack' is expected to reach $1.44 billion, suggesting a year-over-year increase of 1.2$2.73 billion, reflecting a decrease of 4.9% from the previous year [6]. Store Metrics - The projected 'Number of stores - Total (EOP)' is expected to reach 381, compared to 359 a year ago [6]. Market Performance - Nordstrom shares have experienced a change of +0.5% in the past month, contrasting with a -2.2% move of the Zacks S&P 500 composite [7]. - With a Zacks Rank 2 (Buy), Nordstrom is expected to outperform the overall market in the near future [7].