Shoe Carnival, Inc. (SCVL) Reports In-Line Q3 EPS of $0.78, Posts Q4 and FY11 Guidance

Shoe Carnival, Inc. (NASDAQ: SCVL) reported Q3 EPS of $0.78, in-line with the analyst estimate of $0.78. Revenue for the quarter came in at $215.5 million versus the consensus estimate of $217.06 million.

Shoe Carnival, Inc. sees Q4 2011 EPS of $0.33-$0.36, versus the consensus of $0.39. Shoe Carnival, Inc. sees Q4 2011 revenue of $186-$190 million, versus the consensus of $190.99 million. Comparable store sales in the range of positive 1.0 to negative 1.0 percent

Shoe Carnival, Inc. sees FY2011 EPS of $2.05-$2.08, versus the consensus of $2.12. Shoe Carnival, Inc. sees FY2011 revenue of $767-$770 million, versus the consensus of $773.16 million. Comparable store sales to increase in the range of 1.2 to 1.7 percent.

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