Seeking Alpha

J.C. Penney Company Inc. beats by $0.17, misses on revenue

J.C. Penney Company Inc. (JCP): Q4 EPS of -$0.68 beats by $0.17.

Revenue of $3.78B (-2.6% Y/Y) misses by $70M.

Shares +4.7%.

Press Release

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Comments (10)
  • Dr Joseph Haluska
    , contributor
    Comments (514) | Send Message
    Nice! i'll take it!
    26 Feb 2014, 04:21 PM Reply Like
  • sfinvestor
    , contributor
    Comments (1364) | Send Message
    nice beat in SG&A from 1.2B to 1B. obviously the question is what was the reason behind that flux.


    MGMT guided for a slight decrease in SG&A in Q1. The 17% reduction needs a little more color
    26 Feb 2014, 05:20 PM Reply Like
  • themayor
    , contributor
    Comments (51) | Send Message
    Funny, -068 is called cruising past earnings and a miss of 70 m. Then you have Cramer saying that 2/3rds of the economy is not so bad because when Companies miss and then the go up in price its built in. Maybe a Bubble is here instead!
    26 Feb 2014, 06:22 PM Reply Like
  • markrpat
    , contributor
    Comments (233) | Send Message
    "J.C. Penney cruises past earnings estimates " wasn't this the SA headline to this thread? Then the headline (above) is "J.C. Penney Company Inc. beats by $0.17, misses on revenue " which is it? Absolutely pathetic...sickening.


    The only cruise $JCP shareholders are taking is a "Missouri boat ride on a trash barge". Cruise...give me a break.
    26 Feb 2014, 07:21 PM Reply Like
  • jordan73
    , contributor
    Comments (4) | Send Message
    "Shorts" anyone
    26 Feb 2014, 08:55 PM Reply Like
  • 4gotin
    , contributor
    Comment (1) | Send Message
    Glad to see this, where would I buy my underwear if they went under.
    26 Feb 2014, 08:55 PM Reply Like
  • deercreekvols
    , contributor
    Comments (6908) | Send Message
    A revenue miss of $70M and JCP is "cruising."


    The person who wrote that JCP cruised past earning estimates didn't really tell the whole story.


    Anyone going to claim responsibility?
    26 Feb 2014, 09:16 PM Reply Like
  • freed0m
    , contributor
    Comments (1033) | Send Message
    The cash flow is not going to be a big problem if JCP can be profitable soon. They have lost quite some vendor financing. If it is profitable soon again, the vendor financing will be back. All of the cash flow problem will be gone as well.
    27 Feb 2014, 04:05 AM Reply Like
  • Brian Barbour
    , contributor
    Comments (901) | Send Message
    yea...title is a bit misleading since they did not "cruise past estimates" since they did not beat on revenue...
    27 Feb 2014, 07:08 AM Reply Like
  • quabbin
    , contributor
    Comments (125) | Send Message
    The direction of the "cruise" is key.
    27 Feb 2014, 07:54 AM Reply Like
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