J.C. Penney (NYSE: JCP) reported Q4 EPS of $0.39, $0.16 better than the analyst estimate of $0.23. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.99 billion.

Comparable store sales grew 4.1% for the fourth quarter and 4.5% for the full year.

The Company’s 2016 full year guidance is as follows:

• Comparable store sales: expected to increase 3 % to 4 %;
• Gross margin: expected to increase 40 to 60 basis points versus 2015;
• SG&A dollars: expected to decrease versus 2015;
• EBITDA: expected to be $1 billion;
• Adjusted earnings per share: expected to be positive;
• Free cash flow: expected to improve versus 2015.

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