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Shoe Carnival (SCVL) reported quarterly earnings of $1.18 per share for the quarter ended October 2022, matching the Zacks Consensus Estimate but down from $1.64 per share a year ago. The company also posted revenues of $341.66 million, which was a 0.58% miss from consensus estimates and a decline from $356.34 million the previous year.
Year-to-date, Shoe Carnival shares have decreased by 37.4%, while the S&P 500 has declined by 16.3%. The current consensus EPS estimate for the upcoming quarter is $0.73, with anticipated revenues of $297.97 million. For the current fiscal year, the EPS estimate is $3.86 on revenues of $1.26 billion.
Shoe Carnival has surpassed consensus EPS estimates in two of the last four quarters. The company’s Zacks Rank is currently #3 (Hold), indicating expected performance in line with the market.
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