Shoe Carnival (SCVL) Tops Q3 Earnings Estimates
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Shoe Carnival (SCVL) reported Q3 earnings of $0.71 per share, surpassing the Zacks Consensus Estimate of $0.61 per share, but down from $0.80 per share a year ago.
November 21, 2024 | 1:45 pm
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Shoe Carnival reported Q3 earnings of $0.71 per share, beating estimates but down from last year's $0.80. This positive surprise may boost short-term stock performance.
Shoe Carnival's earnings beat the consensus estimate, which is typically viewed positively by investors and can lead to a short-term increase in stock price. However, the earnings are lower than the previous year, which may temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100