Shoe Carnival Q4 Profit Down - Quick Facts

(RTTNews) - Shoe Carnival Inc. (SCVL) Thursday reported fourth-quarter profit of $0.6 million or $0.03 per share, down from $3.2 million or $0.13 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.04 per share for the quarter. Analysts' estimates typically exclude special items.

Sales decreased to $200.3 million from $205.7 million last year. Analysts expected revenues of $203.84 million.

Looking ahead to the first quarter, the company has forecast earnings in the range of $0.45 to $0.52 per share, with revenues in the order of $232 million to $241 million. Analysts currently expect the company to earn $0.49 per share on first-quarter revenues of $252.31 million.