Shoe Carnival Q2 2024 Adj. EPS $0.83, Inline, Sales $332.696M Beat $330.050M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shoe Carnival reported Q2 2024 earnings per share of $0.83, meeting analyst expectations, and sales of $332.696 million, surpassing estimates. Both earnings and sales showed significant year-over-year growth.

September 05, 2024 | 10:17 am
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Shoe Carnival's Q2 2024 earnings per share of $0.83 met expectations, while sales of $332.696 million exceeded estimates, indicating strong performance and growth compared to last year.
Shoe Carnival's earnings per share met expectations, which is neutral, but the sales beat indicates stronger than expected revenue performance. The year-over-year growth in both earnings and sales suggests positive momentum, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100