Shoe Carnival Jumps on Q4 Results - Shoe Carnival (NASDAQ:SCVL)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Shoe Carnival (NASDAQ: SCVL) released its Q4 earnings results after the closing bell on Wednesday. The company reported earnings of $3.3 million or $0.24 per share, versus $4.4 million or $0.33 per share, in the year ago period. This compared to Wall Street consensus EPS estimates of $0.21. Sales for the fourth quarter were up 1.1 percent to $181.9 million compared to $179.9 million in last year's corresponding quarter. This compared to Street consensus revenue estimates of $180.91 million. Looking ahead, Shoe Carnival sees Q1 EPS between $0.75 and $0.78 versus current consensus estimates of $0.70. In Wednesday's after hours trading session, SCVL shares have jumped 7.55% to $28.50 on the back of the company's strong first quarter guidance.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!