Company Earnings UpdateJCPenney (JCP) 4Q17 Results: Mixed Quarter, Company Guides in Line with Consensus Coresight Research March 5, 2018 Executive Summary JCPenney reported 4Q17 revenues of $4.03 billion, up 1.8% year over year but below the $4.05 billion consensus estimate. Adjusted EPS was $0.57, beating the $0.47 consensus estimate and down from $0.64 in the year-ago quarter. Comparable sales were up 2.6%, slightly below the consensus estimate of 2.7%. Comparable sales for the full year were up 0.1%. The company expects FY18 same-store sales growth of 0.0%–2.0%, compared with the consensus estimate of 0.7%. The company expects adjusted EPS of $05–$0.25, compared with the consensus estimate of $0.20. 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: Analyst Corner: Understand Who Shops Where in US Retail, with John MercerEarnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report DeclinesUS Beauty Retailing: Market Forecast and Competitive Landscape—From Rebound to Reinvention in 2026Analyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John Mercer
