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J.C. Penney Company (NYSE:JCP) is scheduled to issue its Q114 quarterly earnings data on Thursday, May 15th. Analysts expect the company to announce earnings of ($1.25) per share and revenue of $2.71 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

J.C. Penney Company (NYSE:JCP) last released its earnings data on Wednesday, February 26th. The company reported ($0.68) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.76) by $0.08. The company had revenue of $3.78 billion for the quarter, compared to the consensus estimate of $3.94 billion. During the same quarter in the prior year, the company posted ($1.95) earnings per share. The company’s quarterly revenue was down 2.6% on a year-over-year basis. On average, analysts expect J.C. Penney Company to post $-2.99 EPS for the current fiscal year and $-1.28 EPS for the next fiscal year.

Shares of J.C. Penney Company (NYSE:JCP) opened at 9.09 on Wednesday. J.C. Penney Company has a 52-week low of $4.90 and a 52-week high of $19.63. The stock’s 50-day moving average is $8.45 and its 200-day moving average is $7.94. The company’s market cap is $2.770 billion. J.C. Penney Company also saw unusually large options trading on Monday. Stock traders acquired 41,680 call options on the company. This represents an increase of approximately 131% compared to the average daily volume of 18,014 call options.

JCP has been the subject of a number of recent research reports. Analysts at Citigroup Inc. upgraded shares of J.C. Penney Company from a “sell” rating to a “neutral” rating in a research note on Wednesday, May 7th. They now have a $4.00 price target on the stock, down previously from $9.00. On the ratings front, analysts at UBS AG upgraded shares of J.C. Penney Company from a “sell” rating to a “neutral” rating in a research note on Wednesday, May 7th. They now have a $9.00 price target on the stock, up previously from $4.00. Finally, analysts at Belus Capital upgraded shares of J.C. Penney Company from a “sell” rating to a “hold” rating in a research note on Thursday, April 10th. They now have a $9.00 price target on the stock. Six analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $9.26.

J. C. Penney Company, Inc is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc (NYSE:JCP).

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