J.C. Penney (JCP) Tops Q3 EPS by 2c
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Nomura Maintains Lowest Rating on J. C. Penney (JCP) Following Results
November 13, 2014 9:30 AM ESTNomura Securities analyst Robert Drbull reiterated his Reduce rating and $8 price target on J. C. Penney (NYSE: JCP) following results after the close.
Drbull commented, "The company reported 3Q14 revenue of $2.76bn, a 0.5% decrease vs 3Q13, though posted a $342m improvement... More
J. C. Penney (JCP) SSS Slowdown Concerning, Says Deutsche Bank
November 13, 2014 8:00 AM ESTDeutsche Bank maintained a Hold rating on J. C. Penney (NYSE: JCP) with a price target of $8. Analyst Paul Trussell commented follow Q3 results, calling its SSS slowdown "concerning."
"While weather presented a headwind and the cycling of material clearance events in... More
J. C. Penney (JCP) Estimates Cut at BofA/Merrill Lynch Following Mixed Q3
November 13, 2014 7:25 AM ESTBofA/Merrill Lynch analyst Lorraine Hutchinson reiterated a Neutral rating and $11 price target on J. C. Penney (NYSE: JCP) following Q3 results which beat on margins but the sales outlook was lowered.
The analyst notes the company continues to positive full... More
Traders Push JCPenney (JCP) Higher into Q3 Report
November 12, 2014 3:34 PM ESTJCPenney is positive 8.6 percent Wednesday afternoon heading into the company's Q3 report, which is expected out after markets close.
Analysts are looking for JCPenney to post Q3 loss of $0.79 per share on revenue of $2.8 billion, from a loss of $1.81 and revs of $2.8 billion reported in the same period... More
