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

Shoe Station

21/03/2024 13:31

* Shoe Carnival Inc  SCVL.OQ  reported quarterly adjusted
earnings
of 59 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 79 cents.  The mean expectation of three analysts for the
quarter was for earnings of 59 cents per share. Wall Street
expected results to range from 58 cents to 61 cents per share.
    * Revenue fell 3.6% to $280.17 million from a year ago;
analysts
expected $280.27 million. 
    * Shoe Carnival Inc's reported EPS for the quarter was 57
cents​.
    * The company reported quarterly net income of $15.52
million.
    * Shoe Carnival Inc shares had risen by 9.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Shoe Carnival Inc
is $31.00 
This summary was machine generated from LSEG data March 21 at
01:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.59           0.59           Met
 Oct. 31 2023      0.97           0.80           Missed
 Jul. 31 2023      0.84           0.71           Missed
 Apr. 30 2023      0.69           0.60           Missed