As of August 14, JCPenney stock was rated as a “buy” by five out of 23 analysts. Sixteen analysts had a “hold” rating and two analysts had a “sell” rating.
JCPenney’s (JCP) gross margin fell by 200 basis points to 35.1% in fiscal 2Q17—compared to 37.1% in fiscal 2Q16.
JCPenney (JCP) delivered sales of ~$3.0 billion in fiscal 2Q17. The company exceeded consensus analysts’ expectation of $2.8 billion in fiscal 2Q17.
JCPenney’s adjusted loss per share was higher on a year-over-year basis in fiscal 2Q17 due to the impact of inventory liquidation at its closing stores.
On August 11, JCPenney (JCP) stock fell 16.6% after its fiscal 2Q17 results, which ended on July 29, 2017. JCPenney reported a wider-than-expected loss.
Based on the recommendations of 16 brokerage companies, around 63% (or ten) of the analysts provided a “buy” recommendation for Dentsply Sirona.
Dentsply Sirona (XRAY) closed at $55.30 on August 11, 2017. The company was trading at its 52-week low of $54.50 on the day.
In 2Q17, Dentsply Sirona’s (XRAY) Dental and Healthcare Consumables business contributed ~56% to the company’s total revenues and registered sales of ~$554 million.
In 2Q17, Dentsply Sirona’s (XRAY) Technologies business contributed ~44% to the company’s total revenues and registered sales of ~$439 million.
Dentsply Sirona made a downward revision to its fiscal 2017 guidance during the company’s 2Q17 earnings results announcement on August 9, 2017.
Dentsply Sirona (XRAY) reported its 2Q17 earnings on August 9. The company earned revenues of ~$992.7 million, registering a year-over-year decline of ~2.9%.
For 2Q17, Westmoreland Coal’s (WLB) interest expenses came in at $30.1 million compared to $31.5 million in 2Q16 and $29.3 million in 1Q17.
For fiscal 2017, WLB expects its adjusted EBITDA to be in the range of $250 million–$270 million compared to its prior guidance of $280 million–$310 million.
WLB’s adjusted EBITDA of the Canadian Coal Mining segment fell significantly. This metric came in at -$1.6 million compared to $14.3 million in 2Q16 and $59.2 million in 1Q17.
WLB’s operating loss from its Canadian Coal Mining segment came in at ~$11.7 million compared to its operating income of ~$3.6 million in 2Q16.
For 2Q17, Westmoreland Coal’s total coal (KOL) shipments came in at 11.0 million tons compared to 12.0 million tons in 2Q16 and 12.4 million tons in 1Q17.
Revenues from WLB’s US Coal Mining segment came in at ~$141.0 million compared to $152.5 million in 2Q16 and $137.4 million in 1Q17.
Westmoreland Coal (WLB) announced its 2Q17 earnings results before market hours on August 3. WLB’s stock price fell nearly 14% during the intraday trading session on August 3.
Waymo is also making moves to monetize its technology. Waymo has inked several strategic partnerships in recent months, including with Uber rival Lyft.
Waymo, Alphabet’s (GOOGL) unit in charge of developing autonomous driving systems, has been granted a patent that could help reduce road crash deaths.