Shoe Carnival (SCVL) Tops Q4 EPS by 7c

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Sterne Agee CRT Raises Price target on Shoe Carnival (SCVL) Following Strong 4Q Results

March 18, 2016 8:17 AM EDT

Sterne Agee CRT reiterated a Buy rating on Shoe Carnival (NASDAQ: SCVL), and raised the price target to $30.00 (from $26.00), following the company's 4Q earnings report. SCVL reported EPS of $0.21 versus estimates of $0.15 while SSS increased 1.8% versus our estimate of +2.0%. Revenue was $234M (+2.7%) in line with... More