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Nordstrom Expected to Earn 43 Cents a Share

Tom Bemis

is expected to report quarterly earnings of 43 cents a share on sales of $3.6 billion after the market closes on Tuesday, based on a FactSet survey of 22 analysts. Nordstrom is currently trading at a price-to-forward-earnings ratio of 9.8 based on the 12-month estimates of 24 analysts surveyed by FactSet. Jim Cramer and the Action Alerts Plus team are watching the Multiline Retail sector.