Shoe Carnival Q1 Adj $0.64 Beats $0.59 Estimate, Sales $300.37M Beat $294.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shoe Carnival (NASDAQ:SCVL) reported Q1 earnings of $0.64 per share, beating the analyst estimate of $0.59. Sales were $300.37 million, surpassing the $294.54 million estimate. Both earnings and sales showed year-over-year growth.
May 23, 2024 | 10:11 am
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Shoe Carnival (NASDAQ:SCVL) reported Q1 earnings of $0.64 per share, beating the analyst estimate of $0.59. Sales were $300.37 million, surpassing the $294.54 million estimate. Both earnings and sales showed year-over-year growth.
The company exceeded both earnings and sales estimates, which is likely to positively impact the stock price in the short term. The year-over-year growth further strengthens the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100