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Non-Tech : j.c.penney
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From: Fuzzy2/26/2016 5:55:11 AM
   of 111
 
3:17 am J. C. Penney beats by $0.17, reports revs in-line; guides FY17 EPS above consensus ( JCP) :

Reports Q4 (Jan) earnings of $0.39 per share, $0.17 better than the Capital IQ Consensus of $0.22; revenues rose 2.6% year/year to $4 bln vs the $3.99 bln Capital IQ Consensus.
  • Same Store Sales +4.1 % in Fourth Quarter; +4.5% for Full Year
    • Co issues upside guidance for FY17, sees EPS of expected to be positive vs. ($0.26) Capital IQ Consensus Estimate.
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