JC Penney reports break-even results on revenue of $3.89B
February 26, 2015 at 16:10 PM EST
Wall Street expected the retailer to deliver quarterly earnings per share of 11 cents on $3.87 billion in revenue, according to a consensus estimate from Thomson Reuters.. Last month, J.C. Penney posted strong holiday numbers for the nine-week holiday period, reporting comparable-store-sales growth of 3.7 percent over the previous year.