J.C. Penney (JCP) reported less than expected top-line growth for the Q3 2016 period while reporting in-line EPS expectations. Last week, the company issued 3rd quarter results of ($.21) a share in earnings on $2.86bn in revenues. J.C. Penney’s 3rd quarter earnings per share improved 42% to ($0.22) versus ($0.38) for the same quarter last year. Adjusted earnings per share improved 54% to ($0.21)…

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