Nordstrom (JWN) Reports Q1 Loss, Tops Revenue Estimates

Nordstrom (JWN) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -200%. A quarter ago, it was expected that this department store operator would post earnings of$ 0.90 per share when it actually produced earnings of $0.96, delivering a surprise of 6.67%. Over the last four quarters, the co ...