Skip navigation
Retail Video Gallery
The potential for shopping malls in China is huge, says Chris Fossick, South East Asia MD at Jones Lang LaSalle, agreein...
Cramer helps investors turn Black Friday green with a retail play, with Manny Chirico, Phillips Van Heusen Corp. chairma...
Cramer takes a look at the markets and consumer confidence.
CNBC's Sue Herera sits in for Maria Bartiromo to discuss the day's top business and financial stories, and look ahead to...
The Fast Money team asks what the number one gift traders are door-busting for on Black Friday.

As of Tuesday, November 24th:
The blended earnings growth rate for the S&P 500 for Q3 2009, combining actual numbers for companies that have reported, and estimates for companies yet to report is unchanged at -13.8% from the previous day. As of October 1st, the earnings growth rate was at -24.7%.Of the 488 S&P 500 companies who have reported Q3, 79% beat estimates, 7% were in-line, and 14% were below estimates.  The blended earnings growth rate for the S&P 500 for Q3 2009 is currently at -13.8%. (Data provided by Thomson Reuters)

LATEST EARNINGS RESULTS


Current DateTime: 03:18:33 25 Nov 2009
LinksList Documentid: 29017166
Expiration DateTime: 11/25/2009 3:21:26 AM

Current DateTime: 03:18:35 25 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 03:18:35 25 Nov 2009
LinksList Documentid: 33793611
  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?

  • The Many Myths of Coca-Cola

      Can you tell which statements are true, and which ones are just rumors?


Current DateTime: 03:18:35 25 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
JC Penney Profit Drops, Forecast Falls Short
By: CNBC.com with Wires | 14 Nov 2008 | 08:21 AM ET
Text Size

JCPenney said Friday third-quarter profit fell as same-store sales for the period fell 10 percent.

JCPenney, JCP, Earnings, Apparel, Retail, Consumers, Third Quarter, 3Q, Q3,

The department store operator [JCP  Loading...      ()   ] also issued a forecast for the fourth-quarter that is lower than analysts were expecting, and warned that it expects challenging conditions to persist well into 2009.

The company said it is well-positioned in the current environment.

JCPenney's third-quarter profit fell to $124 million, or 55 cents a share, from $261 million, or $1.17, a year earlier.

Sales fell 8.7% to $4.32 billion.

The company forecast fourth-quarter profit of 90 cents to $1.05 a share with sales declining as much as 9%.

Analysts, on average, estimated the department store operator to earn 53 cents a share in the third quarter and $1.32 for the fourth quarter, according to Thomson Reuters.

© 2009 CNBC
Tools:
Print EmailAdd This share icon

Current DateTime: 03:18:35 25 Nov 2009
LinksList Documentid: 29016957
Expiration DateTime: 11/25/2009 3:19:57 AM

Current DateTime: 03:18:35 25 Nov 2009
LinksList Documentid: 29017287
Expiration DateTime: 11/25/2009 3:19:27 AM


Current DateTime: 01:26:08 25 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:04 25 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 02:05:47 25 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:01:48 25 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters