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What Analysts Expect from JCPenney’s Fiscal 2018 Earnings

What Analysts Expect from JCPenney’s Fiscal 2018 Earnings

Can New CEO Bring JCPenney Back on Track? JCPenney (JCP) disappointed its investors with a higher-than-expected loss in the second quarter of fiscal 2018, which ended on August 4. The company’s second-quarter adjusted loss per share of $0.38 was way higher than analysts’ estimate of a loss per share of $0.06.