J.C. Penney (JCP): Q3 EPS of $0.30 beats by $0.18. Revenue of $4.18B (-3.2%) in-line. Sees Q4...

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor
J.C. Penney (JCP): Q3 EPS of $0.30 beats by $0.18. Revenue of $4.18B (-3.2%) in-line. Sees Q4 EPS of $0.70-0.85 vs. $0.82 consensus, sales down 3-5%, and same-store sales down 4-6%. Gross margin +210bps to 40.6%. Shares +4.6% premarket. (PR)