Shoe Carnival Inc expected to post earnings of 59 cents a share - Earnings Preview

Shoe Station

19/03/2024 13:02

* Shoe Carnival Inc  SCVL.OQ   SCVL.O  is expected to show a
fall
in quarterly revenue when it reports  results on March 21 for
the period ending January 31 2024
    * The Evansville Indiana-based  company is expected to
report a
3.6% decrease in revenue to $280.273 million from $290.78
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on November
16 2023, for the period ended January 31, was for revenue
between $265.00 million and $285.00 million.
    * ​LSEG's mean analyst estimate for Shoe Carnival Inc is for
earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Shoe
Carnival Inc
is $31.00​, below​ its last closing price of $31.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.95        0.97       0.80      Missed  -17.8
 Jul. 31 2023  0.84        0.84       0.71      Missed  -15.5
 Apr. 30 2023  0.69        0.69       0.60      Missed  -13​
 Jan. 31 2023  0.80        0.80       0.79      Missed  -0.8
 ​​Oct.        1.14        1.14       1.18      Beat    3.8
 31 2022                                                
 Jul. 31 2022  1.02        1.02       1.04      Beat    2​
 Apr. 30 2022  0.87        0.86       0.95      Beat    10
 Jan. 31 2022  0.42        0.44       0.72      Beat    64.9
 This summary was machine generated March 19 at 13:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)