J.C. Penney (JCP) Tops Q2 EPS by 10c; Affirms FY16 Outlook

J.C. Penney (NYSE: JCP) reported Q2 EPS of ($0.05), $0.10 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $2.92 billion versus the consensus estimate of $2.93 billion.

Comps rose 2.2 percent, versus a 2.2 percent gain expected by analysts.

J.C. Penney reaffirmed FY2016 guidance.

For earnings history and earnings-related data on J.C. Penney (JCP) click here.

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