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

Shoe Station

21/11/2024 14:32

* Shoe Carnival Inc  SCVL.OQ  reported quarterly adjusted
earnings
of 71 cents​​ per share for the quarter ended October 31, lower
than the same quarter last year, when the company reported EPS
of 80 cents.  The mean expectation of three analysts for the
quarter was for earnings of 67 cents per share. Wall Street
expected results to range from 61 cents to 70 cents per share.
    * Revenue fell 4.1% to $306.89 million from a year ago;
analysts
expected $316.95 million. 
    * Shoe Carnival Inc's reported EPS for the quarter was 70
cents​.
    * The company reported quarterly net income of $19.24
million.
    * Shoe Carnival Inc shares had fallen by 23.6% this
quarter and
gained 10.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
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 $49.00 
This summary was machine generated from LSEG data November 21 at
02:31 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
 Oct. 31 2024      0.67           0.71           Beat
 Jul. 31 2024      0.83           0.83           Met
 Apr. 30 2024      0.60           0.64           Beat
 Jan. 31 2024      0.59           0.59           Met