Nordstrom Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Nordstrom, Inc. (NYSE:JWN) will unveil its latest earnings on Thursday, February 16, 2012. Nordstrom is a fashion retailer offering designer, luxury and quality apparel, shoes, cosmetics and accessories.

Nordstrom, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.09 per share, a rise of 4.8% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from $1.07. Between one and three months ago, the average estimate moved up. It has dropped from $1.10 during the last month. For the year, analysts are projecting profit of $3.13 per share, a rise of 13.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting net income of 59 cents per share against a mean estimate of profit of 58 cents per share.

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Wall St. Revenue Expectations: Analysts predict a rise of 12.8% in revenue from the year-earlier quarter to $3.18 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 10 analysts rating it as a buy, two rating it as a sell and seven rating it as a hold.

A Look Back: In the third quarter, profit rose 6.7% to $127 million (59 cents a share) from $119 million (53 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.6% to $2.48 billion from $2.18 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 11.8%, with the biggest boost coming in the most recent quarter when revenue rose 13.6% from the year earlier quarter.

For three consecutive quarters, the comapny has seen net income rise. Net income rose 19.9% in the second quarter and 25% in the first quarter.

Stock Price Performance: Between December 13, 2011 and February 10, 2012, the stock price had risen $3.80 (8.1%), from $46.98 to $50.78. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 19, 2011, when shares rose for seven straight days, increasing 8.9% (+$3.91) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 10.2% (-$4.98) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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