JCPENNEY REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS

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Go back to JCPENNEY REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS

J. C. Penney (JCP) PT Lowered to $3 at Craig-Hallum

May 17, 2018 12:37 PM EDT

Craig-Hallum lowered its price target on J. C. Penney (NYSE: JCP) to $3.00 (from $4.00) while maintaining a Hold rating following results and guidance.

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J.C. Penney (JCP) Misses Q1 EPS by 2c, Comps Increase 0.2%, Offers Guidance

May 17, 2018 7:33 AM EDT

J.C. Penney (NYSE: JCP) reported Q1 EPS of ($0.22), $0.02 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.63 billion.

positive sales comp of 0.2 %

GUIDANCE:

J.C. Penney sees... More