J.C. Penney Reports Earnings, Misses Estimates, Cuts Earnings Outlook (JCP)

J. C. Penney Company, Inc. JCP reports Q2 EPS of $0.06 versus estimates of $0.05. JC Penney reports revenues of $3.94B versus estimates of $4.01 billion. J. C. Penney Company, Inc. said it sees Q3 EPS 16-20 cents, and it cut its full year earnings view to $1.40-$1.50.