Riley analyst j van sinderen now forecasts that the department store operator will post earnings of $003  j c penney company inc (nyse:jcp. Wall street is skeptical that the retailer could see a full recovery ahead of the holiday season, that's not a good place for jc penney to beshld. Jc penney cut its forecast for sales in the current quarter as fewer shoppers who turned up at its stores actually bought anything, undercutting hopes for a. Jc penney co, the third-biggest us department-store chain, lowered its profit forecast for the year, citing consumers’ reluctance to spend.
Jc penney's stock hits all-time low on widening net loss, weaker vs a forecast loss 13 to 14 percent of jc penney's store portfolio but. Predict and forecast jcp (jc penney company, inc holding company) plus see real-time data from other investors start making your predictwallstreet stock market. Jc penney co inc stock - jcp news, historical stock charts, analyst ratings, financials, and today’s jc penney co inc stock price. A statement from j c penney company inc confirms that it is lowering its outlook for the third quarter of the year this is terrible news for jcp stock as wall street.
In an update on expected third-quarter performance, jc penney co inc (nyse: jcp) slashed its adjusted earnings per share (eps) forecast from a prior range of $0. Jc penney co shares tumbled the most in more than three decades, hurt by deeper losses and a sense among investors that department stores are stuck in an.
A statement from j c penney company inc confirms that it is lowering its outlook for the third quarter of the year the company is now expecting losses per share for. Plano-based jc penney reported a bigger jc penney reports a wider-than-expected loss, stock at historic penney reaffirmed a lowered forecast for 2017. Updated analyst estimates for jc penney co inc - including jcp earnings per share estimates and analyst recommendations.
Detailed rankings of j c penney company inc (jcp) • forecasts, primary research and secondary research by the plunkett research staff. Jc penney slashed its annual profit forecast as it accelerated the clearance of slow-moving inventory, primarily in women’s clothing, and warned of. Jcpenney's weakness in apparel sales for women, men and children will hurt outlook guidance is too high q1 2017 comp sales dropped 35% will reduce.
Jc penney lost about a quarter of its value on friday as the department store chain slashed its full-year forecast after selling stagnant inventory at heavy. Jc penney is permanently closing its st louis store in the hampton village plaza shopping center next month after nearly 70 years in operation.
Find the latest analyst research for jc penney company, inc holding company (jcp) at nasdaqcom hot topics: consensus earnings forecast. Jc penney (jcp) has surged after its ceo said to expect strong sales numbers in the third quarterjcp. Jc penney co shares tumbled the most in more than three decades, hurt by deeper losses and a sense among investors that department stores are stuck in. Department store chain jc penney reported an unexpected sales decline friday and slashed it full-year sales forecast. Jc penney shares, which lost about a quarter of their value when the company made the sales forecast, were last up 15 percent in morning trading. Jc penney is issuing a weak profit forecast as it accelerated its move to slash prices on goods to clear out inventory shares are tumbling more than 25.