Shoe Carnival Inc. (SCVL) reported first quarter EPS of $0.47 after the close Thursday, down from $0.54 in the prior year period. The consensus estimate was for EPS of $0.41. The company expects to report second quarter EPS of $0.26 to $0.30. The consensus estimate is for EPS of $0.28.
Shoe Carnival gapped open higher Friday and has risen sharply in early trade. The stock is now up 2.89 at $25.10 and has broken out to a new high for the year.
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