Shoe Carnival Inc reports results for the quarter ended in April - Earnings Summary

Shoe Station

24/05/2023 14:32

* Shoe Carnival Inc  SCVL.OQ  reported quarterly adjusted
earnings
of 60 cents​​ per share for the quarter ended in April. The mean
expectation of three analysts for the quarter was for earnings
of 69 cents per share.
    * Revenue fell 11.4% to $281.18 million from a year ago;
analysts
expected $288.19 million. 
    * Shoe Carnival Inc's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had fallen by
about 34.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Shoe Carnival Inc shares had fallen by 15.2% this
quarter and
lost 9.0% so far this year.
    * The company reported quarterly net income of $16.53
million.
    * Wall Street's median 12-month price target for Shoe
Carnival Inc
is $35.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
24 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.69           0.60           Missed
 Jan. 31 2023      0.80           0.79           Missed
 Oct. 31 2022      1.14           1.18           Beat
 Jul. 31 2022      1.02           1.04           Beat