J C Penney Lower Ahead Of Q2 Report

J C Penney Company Inc JCP shares are trading lower by 27 cents at $4.89 in Thursday's session.

The stock is trading lower in sympathy with Kohl's Corp KSS and Macy's Inc M, both trading in the red after their respective Q2 reports.

JC Penney will release Q2 earnings before the open on Friday. Street estimates for EPS stand at a loss of 5 cents on sales of $2.84 billion.

The stock's lower opening print of $5.04 stands as the high for session. At this time, the stock is finding support ahead of its July 13 low ($4.68) as $4.80 is the current low for the day.