Shoe Carnival Inc expected to post earnings of 68  cents a share - Earnings Preview

Shoe Station

22/05/2023 14:15

* Shoe Carnival Inc  SCVL.OQ   SCVL.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 24. 
    * The Evansville Indiana-based  company is expected to
report  a
9.2% decrease in revenue to $288.187 million from $317.53
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shoe Carnival Inc
is for
earnings of 68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Shoe
Carnival Inc
is $35​, above​ its last closing price of $22.30. ​​​

This summary was machine generated May 22 at 13:15 GMT.  All
figures in US dollars  unless otherwise stated