JCPENNEY REPORTS FIRST QUARTER 2017 FINANCIAL RESULTS AND REAFFIRMS FULL YEAR GUIDANCE
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J. C. Penney (JCP) PT Lowered to $6 at BMO Capital Following 1Q
May 15, 2017 9:31 AM EDTBMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating.... More
J.C. Penney (JCP) Tops Q1 EPS by 27c, Comps Decline 3.5%; Reaffirms FY Guidance
May 12, 2017 7:32 AM EDTJ.C. Penney (NYSE: JCP) reported Q1 EPS of $0.06, $0.27 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.77 billion.
Comparable store sales were (3.5) % for the quarter.
Outlook
The Company reaffirmed its... More
