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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Innovator Profile: Carbon Maps Address Crucial Environmental Concerns in the Food IndustryE-Commerce Outlook: European Apparel and Footwear—Poised for Growth in 2023 and BeyondAnalyst Corner: Retail Innovation in China, with Anand Kumar—Three Opportunities for Brands and RetailersJuly 2023 US Retail Sales: Resilient Consumers and Nonstore Retailers Fuel Retail Sales Growth