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Thursday, February 27, 2014

J.C. Penney (JCP) reported earnings on Wed 26 February 2014

** charts before earnings **


  






** charts after earnings **




J.C. Penney (JCP) shares soared 23% after the firm said late Wednesday its losses last quarter were smaller than expected. The firm reported an adjusted loss of 68 cents per share, while analysts polled by FactSet expected a loss of 81 cents per share. The beleaguered retailer expects to complete its turnaround this year.

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