Shoe Carnival Inc expected to post earnings of 83 cents a share - Earnings Preview

Shoe Station

03/09/2024 13:56

* Shoe Carnival Inc  SCVL.OQ   SCVL.O  is expected to show a
rise
in quarterly revenue when it reports  results on September 5 for
the period ending July 31 2024
    * The Evansville Indiana-based  company is expected to
report a
12.0% increase in revenue to $330.05 million from $294.62
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on May 23
2024, for the period ended July 31, was for revenue of $330.000
million.
    * ​LSEG's mean analyst estimate for Shoe Carnival Inc is for
earnings of 83 cents per share. The company's EPS guidance on
May 23 2024, for the period ended July 31, was about USD0.8
    * 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Shoe
Carnival Inc
is $50.50​, above​ its last closing price of $40.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.60        0.60       0.64      Beat    7.3
 Jan. 31 2024  0.59        0.59       0.59      Met     -0.6
 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.        0.69        0.69       0.60      Missed  -13
 30 2023                                                
 Jan. 31 2023  0.80        0.80       0.79      Missed  -0.8​
 Oct. 31 2022  1.14        1.14       1.18      Beat    3.8
 Jul. 31 2022  1.02        1.02       1.04      Beat    2
 This summary was machine generated September 3 at 12:56 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)