Nordstrom (NYSE:JWN) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.81 on revenue of $3.67B. Analysts polled by expected EPS of $0.64 on revenue of $3.67B. That compared to EPS of $0.67 on revenue of $3.75B in the same period a year earlier. The company had reported EPS of $0.9 on revenue of $3.87B in the previous quarter.
Nordstrom shares gained 8.97% to trade at $37.40 in after-hours trade following the report.
Nordstrom follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analysts' expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. analysts expected EPS of $10.75 on revenue of $116.96B
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