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• Shoe Carnival Inc SCVL.OQ reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of three analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 80 cents to 87 cents per share.

• Revenue rose 12.9% to $332.70 million from a year ago; analysts expected $330.05 million.

• Shoe Carnival Inc's reported EPS for the quarter was 82 cents​.

• The company reported quarterly income of $22.57 million.

• Shoe Carnival Inc shares had risen by 1.8% this quarter and gained 24.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.9% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Shoe Carnival Inc is $50.50

This summary was machine generated from LSEG data September 5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)