Company Earnings UpdateJCPenney (JCP) 3Q17 Results: Beats on Comps, Sales and EPS; Reiterates Guidance Coresight Research November 13, 2017 Executive Summary JCPenney reported 3Q17 adjusted EPS of $(0.33), beating the $(0.41) consensus estimate but down from $(0.21) in the year-ago quarter. Revenues were $2.81 billion, down 1.8% year over year but beating the $2.76 billion consensus estimate. Comps increased by 1.7%, beating guidance of 0.6%–0.8%. Home, Sephora, footwear and handbags, women’s specialty, and salon were the top-performing divisions during the quarter. The company reaffirmed its 2017 adjusted EPS guidance of $0.02–$0.08 based on expected comps of (1)%–0%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 2024Five Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextPositive Sentiment Trend Comes to an End; Kohl’s Leads in Department Store Shopping: US Consumer Survey Insights2025 Tariffs: Impacts on the US Consumer Economy—Infographic
