J.C. Penney Co. (JCP) Posts Wider than Expected Q2 Loss of 37c/Sh.; Cuts FY12 Outlook
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Price: $18.81 --0%
EPS Growth %: -424.0%
Financial Fact:
Selling, general and administrative (SG&A): 1.21B
Today's EPS Names:
MGT, RXN, KID, More
EPS Growth %: -424.0%
Financial Fact:
Selling, general and administrative (SG&A): 1.21B
Today's EPS Names:
MGT, RXN, KID, More
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J.C. Penney Co., Inc. (NYSE: JCP) reported Q2 loss of $0.37 per share, $0.12 worse than the analyst estimate loss of $0.25 per share.
Revenue for the quarter came in at $3.02 billion versus the consensus estimate of $3.2 billion. Comparable store sales for the second quarter declined 21.7 percent.
The Company no longer anticipates achieving the previously issued non-GAAP earnings guidance for fiscal 2012.
For earnings history and earnings-related data on J.C. Penney Co., Inc. (JCP) click here.
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Revenue for the quarter came in at $3.02 billion versus the consensus estimate of $3.2 billion. Comparable store sales for the second quarter declined 21.7 percent.
The Company no longer anticipates achieving the previously issued non-GAAP earnings guidance for fiscal 2012.
For earnings history and earnings-related data on J.C. Penney Co., Inc. (JCP) click here.
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FIFO
Leon David Peris on Aug 12, 2012 08:43 AMMark as Spam | Reply to this comment
Earnings will be back up and soon.