Shoe Carnival(SCVL) ZACKS·2025-05-30 12:21Core Viewpoint - Shoe Carnival reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, but down from $0.64 per share a year ago, indicating a significant earnings surprise of 25.93% [1][2] Financial Performance - The company posted revenues of $277.72 million for the quarter ended April 2025, missing the Zacks Consensus Estimate by 1.52% and down from $300.36 million year-over-year [2] - Over the last four quarters, Shoe Carnival has surpassed consensus EPS estimates four times but has only topped revenue estimates once [2] Stock Performance - Shoe Carnival shares have declined approximately 44.3% since the beginning of the year, contrasting with the S&P 500's gain of 0.5% [3] - The current Zacks Rank for Shoe Carnival is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $316.84 million, and for the current fiscal year, it is $1.60 on revenues of $1.16 billion [7] - The trend for earnings estimate revisions ahead of the earnings release was unfavorable, which may impact future stock movements [6] Industry Context - The Retail - Apparel and Shoes industry, to which Shoe Carnival belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges for the stock's performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could be a useful metric for investors [5]