Shoe Carnival Inc reports results for the quarter ended in July 31 - Earnings Summary

Shoe Station

05/09/2024 14:32

* Shoe Carnival Inc  SCVL.OQ  reported quarterly adjusted
earnings
of 83 cents​​ per share for the quarter ended July 31, higher
than the same quarter last year, when the company reported EPS
of 71 cents.  The mean expectation of three analysts for the
quarter was for earnings of 83 cents per share. Wall Street
expected results to range from 80 cents to 87 cents per share.
    * Revenue rose 12.9% to $332.70 million from a year ago;
analysts
expected $330.05 million. 
    * Shoe Carnival Inc's reported EPS for the quarter was 82
cents​.
    * The company reported quarterly net income of $22.57
million.
    * Shoe Carnival Inc shares had risen by 1.8% this
quarter and
gained 24.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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

Wall Street's median 12-month price target for Shoe Carnival Inc
is $50.50 
This summary was machine generated from LSEG data September 5 at
01:31 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
 Jul. 31 2024      0.83           0.83           Met
 Apr. 30 2024      0.60           0.64           Beat
 Jan. 31 2024      0.59           0.59           Met
 Oct. 31 2023      0.97           0.80           Missed