J.C. Penney (JCP) Tops Q3 EPS by 2c
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November 13, 2014 9:30 AM EST
Nomura 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
November 13, 2014 8:00 AM EST
Deutsche 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
November 13, 2014 7:25 AM EST
BofA/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
November 12, 2014 3:34 PM EST
JCPenney 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
