JWN shows a reversal pattern between its extended-hours action and the next day's regular session, cutting back or reversing its evening performance in next-day trade for 10 of its last 19 earnings releases. In the near-term, however, that trend is changing, the stock has widened in three of the last four quarters.
On May 14, 2009, the stock was up 3.1% in after-hours trade after a Q1 beat and raised FY EPS range. Shares gained a more robust 7.7% the next day.
On Feb. 23, 2009, JWN gained 11.4% in after-hours trade after reporting better-tnan-expected results and in-line guidance. The stock ramped higher the next day, rising 20.8% by the close on Feb. 24.
On Nov. 13, 2008, JWN declined 5.3% in after-hours trade after topping earnings expectations but issuing profit guidance below the then-current Street view. The stock tumbled further the next day, closing down 9.4% in the Nov. 14 regular session.
On Aug. 14, 2008, the stock fell 2.7% after an earnings beat by a penny but guidance below the Street view. Shares rebounded to gain 4.3% the next day.
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