Investing.com - Nordstrom (NYSE:JWN) reported second quarter earnings that beat analyst's expectations on Thursday and reported revenue that topped forecasts.
The firm reported earnings per share of $0.95 on revenue of $3.98B. Analysts polled by Investing.com expected EPS of $0.84 on revenue of $3.97B. That compared to EPS of $0.65 on revenue of $3.79B in the same period a year earlier.
The company had reported EPS of $0.51 on revenue of $3.56B in the previous quarter.
Nordstrom shares lost 0.87% to trade at $52.31 in after-hours trade following the report.
For the year, Nordstrom shares are down 8.22%, under-performing the Nasdaq which is up 12.52% year to date.
Nordstrom follows other major Services sector earnings this month
On July 26, Amazon.com (NASDAQ:AMZN) reported second quarter EPS of 5.07 on revenue of 52.89B, compared to forecasts of EPS of 2.48 on revenue of 53.37B.
Visa earnings beat analyst's expectations on July 25, with third quarter EPS of 1.2 on revenue of 5.24B. Investing.com analysts expected EPS of 1.09 on revenue of 5.09B