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Actionable news in JCP: J.C. PENNEY COMPANY Inc,

What to Expect When J.C. Penney (JCP) Reports Q2 Results

NEW YORK (TheStreet) -- Shares of J.C. Penney (JCP) were advancing in early-afternoon trading on Wednesday ahead of the company's 2016 second quarter results, due out before Friday's opening bell.

Analysts are modeling a smaller loss than last year and higher revenue year-over-year.

Wall Street is expecting the Plano, TX-based department store to report a loss of 15 cents per share on revenue of $2.93 billion.

During the same quarter a year ago, J.C. Penney said it had an adjusted loss of 41 cents per share on revenue of $2.88 billion.

Deutsche Bank expects to see mixed near-term...


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