J. C. Penney (JCP) April Comps Up 2.6%
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Price: $0.18 --0%
Financial Fact:
Depreciation and amortization: 153M
Today's EPS Names:
BMNM, KG, NHC, More
Financial Fact:
Depreciation and amortization: 153M
Today's EPS Names:
BMNM, KG, NHC, More
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J. C. Penney Company, Inc. (NYSE: JCP) said April comparable store sales increased 2.6 percent.
Based on operating performance trends, the Company now expects first quarter earnings from continuing operations to be approximately $0.88 per share, including approximately $0.05 per share from real estate income and from lower than expected interest expense. This compares to initial guidance of $0.80 per share for this year's quarter and $0.62 per share last year. Adding this change into full year results, the Company now expects full year earnings from continuing operations to be in the range of $4.22 to $4.32 per share.
Based on operating performance trends, the Company now expects first quarter earnings from continuing operations to be approximately $0.88 per share, including approximately $0.05 per share from real estate income and from lower than expected interest expense. This compares to initial guidance of $0.80 per share for this year's quarter and $0.62 per share last year. Adding this change into full year results, the Company now expects full year earnings from continuing operations to be in the range of $4.22 to $4.32 per share.
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