J.C. Penney shares sink after profit warning [MarketWatch]
JC PENNEY (JCP)
Last jc penney earnings: 2/27 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.jcpenney.com
Company Research
Source: MarketWatch
J.C. Penney shares sink after profit warning J.C. Penney Co. Inc. JCP, -0.81% shares sank 6.6% in Friday premarket trading after the retailer revised its third-quarter guidance below estimates and issued a profit warning for both the third quarter and full year. The company now expects same-store sales to increase in the range of 0.6% to 0.8%, and adjusted losses per share are expected to be in the range of 40 cents to 45 cents. The FactSet consensus is for a same-store sales growth of 0.1% and a 17-cents loss per share. Fiscal full-year 2017 same-store sales are now expected to be flat to down 1% and adjusted earnings are expected to be 2 cents to 8 cents. The previous guidance was for same-store sales from a 1% decline to 1% growth and adjusted EPS of 40 cents to 65 cents. The FactSet consensus is for a same-store sales decline of 0.9% and EPS of 42 cents. The company took steps to sell off "slow-moving" merchandise, primarily across the women's apparel department, according to a
Show less
Read more
Impact Snapshot
Event Time:
JCP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JCP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JCP alerts
High impacting JC PENNEY news events
Weekly update
A roundup of the hottest topics