Nordstrom Inc. Earnings Drop In Q3

(RTTNews) - Nordstrom Inc. (JWN) announced a profit for third quarter that decreased from the same period last year.

The company's earnings totaled $67 million, or $0.39 per share. This compares with $114 million, or $0.67 per share, in last year's third quarter.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.3% to $3.75 billion from $3.63 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q3): $67 Mln. vs. $114 Mln. last year. -EPS (Q3): $0.39 vs. $0.67 last year. -Analysts Estimate: $0.66 -Revenue (Q3): $3.75 Bln vs. $3.63 Bln last year.

-Guidance: Full year EPS guidance: $3.55 - $3.65 Full year revenue guidance: $15.5 - $15.6 Bln