J. C. Penney (JCP) PT Lowered to $1.50 at Craig-Hallum
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J. C. Penney (JCP) PT Lowered to $0.85 at Credit Suisse
November 16, 2018 8:41 AM ESTCredit Suisse analyst Michael Binetti lowered the price target on J. C. Penney (NYSE: JCP) to $0.85 (from $1.00) while maintaining a Underperform rating.
... MoreJ.C. Penney (JCP) Sees Strong Red-to-Green Reversal
November 15, 2018 11:23 AM ESTAfter opening sharply lower following weak results/outlook, J.C. Penney (NYSE: JCP) is now up 7.8%.
J.C. Penney gives gloomy outlook before holidays
November 15, 2018 7:47 AM ESTBy Aishwarya Venugopal
(Reuters) - J.C. Penney Co Inc (NYSE: JCP) predicted a fall in same-store sales this year as it prepared for the holiday shopping season, reporting worse than expected quarterly results on Thursday due to heavy discounting aimed at righting the company.
Shares in the troubled department store chain dived 14 percent in early trade before recovering to gain just over 2 percent, as new Chief Executive Jill Soltau gave the first indications of her plans to turn a profit and avoid becoming the next big U.S. retail casualty.... More
J.C. Penney (JCP) Tops Q3 EPS by 4c, Comps Fall 5.4%, Withdraws Previous Full Year Earnings Guidance
November 15, 2018 7:31 AM EST(Updated - November 15, 2018 7:33 AM EST)
J.C. Penney (NYSE: JCP) reported Q3 EPS of ($0.52), $0.04 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.81 billion.
Comparable sales decreased 5.4 % for the third... More