Company Earnings Update 3 minutesRegister for Free AccessJCPenney (NYSE: JCP) 1Q19 Results: Revenues Down, Missing Consensus, Management Reducing and Enhancing Inventory Position Coresight Research May 22, 2019 Executive Summary JCPenney reported fiscal 1Q19 revenues of $2.44 billion, lower than the consensus estimate of $2.48 billion, and down 5.6% year over year. The company reported 1Q19 EPS of $(0.46), lower than the consensus estimate of $(0.39). Comparable sales decreased 5.5% for the quarter compared to the consensus estimate of (4.2)%. The company expects to be cash flow positive for fiscal year 2019. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Research Preview: Market Navigator—US Mass Merchandisers, Warehouse Clubs and Discount StoresMarch 2023 US Housing Market Indicators: All Home Sales See a Sudden Monthly RiseChina Consumer Tracker: Consumer Confidence DeclinesFebruary 2024 Leading Indicators of US Retail Sales: Easing Inflation Signals Positivity for Retail Sales Growth
