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

Shoe Station

29/08/2023 14:32

* Shoe Carnival Inc  SCVL.OQ  reported quarterly adjusted
earnings
of 71 cents​​ per share for the quarter ended in July. The mean
expectation of three analysts for the quarter was for earnings
of 84 cents per share.
    * Revenue fell 5.7% to $294.62 million from a year ago;
analysts
expected $286.35 million. 
    * Shoe Carnival Inc's reported EPS for the quarter was 71
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Shoe Carnival Inc shares had fallen by 7.1% this
quarter and
lost 8.8% so far this year.
    * The company reported quarterly net income of $19.44
million.
    * Wall Street's median 12-month price target for Shoe
Carnival Inc
is $33.00 
    * 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
August 29 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.84           0.71           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