Shoe Carnival Q1 EPS $0.60 Misses $0.69 Estimate, Sales $281.18M Miss $288.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shoe Carnival reported Q1 earnings of $0.60 per share, missing the analyst consensus estimate of $0.68 by 11.76%. Quarterly sales were $281.20 million, missing the estimate of $288.19 million by 2.43%. This represents a decrease in earnings and sales compared to the same period last year.
May 24, 2023 | 10:16 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Shoe Carnival's Q1 earnings and sales missed analyst estimates, with an 11.76% lower EPS and a 2.43% lower sales figure compared to expectations.
Shoe Carnival's Q1 earnings and sales both missed analyst estimates, which could negatively impact investor sentiment and lead to a short-term decrease in stock price. The 11.76% lower EPS and 2.43% lower sales figure compared to expectations indicate underperformance in the quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100