Shoe Carnival Inc reports results for the quarter ended April 30 - Earnings Summary

• Shoe Carnival Inc SCVL.OQ reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of three analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 24 cents to 39 cents per share.

• Revenue fell 7.5% to $277.72 million from a year ago; analysts expected $281.93 million.

• Shoe Carnival Inc shares had fallen by 16.1% this quarter and lost 44.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 62% 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 "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 $27.00

This summary was machine generated from LSEG data May 30 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)