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J. C. Penney Company, Inc Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for J. C. Penney Company, Inc (JCP):

-Earnings: -$48 million in Q2 vs. -$101 million in the same period last year.
-EPS: -$0.15 in Q2 vs. -$0.32 in the same period last year.
-Excluding items, J. C. Penney Company, Inc reported adjusted earnings of -$56 million or -$0.18 per share for the period.
-Analysts projected -$0.31 per share
-Revenue: $2.62 billion in Q2 vs. $2.83 billion in the same period last year.

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