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J.C. Penney (NYSE: JCP) Stock Soars 25% Following Earnings Beat
J.C. Penney Co. Inc. (NYSE: JCP) stock soared 25% in after-hours trading today after the company reported a first quarter earnings per share (EPS) loss of $1.16 on $2.8 billion in revenue.
That beat consensus estimates that had JCP pegged for an EPS loss of $1.25 on $2.7 billion in revenue.
With JC Penney stock is up big after today’s earnings report, here’s the best way to play it…
J.C. Penney Co. Inc. (NYSE: JCP) stock soared 25% in after-hours trading today after the company reported a first quarter earnings per share (EPS) loss of $1.16 on $2.8 billion in revenue.
That beat consensus estimates that had JCP pegged for an EPS loss of $1.25 on $2.7 billion in revenue.
With JC Penney stock is up big after today’s earnings report, here’s the best way to play it…