By: Benzinga
Shoe Carnival Drops After Poor Earnings
Shares of Shoe Carnival (NASDAQ: SCVL ) slumped in Wednesday's after-hours session, down over 5%. The company reported fourth-quarter earnings that were below expectations: earnings per share came in at $0.16, less than the $0.21 estimate; while revenue of $205.7 million was less than the $213.64 million estimate. Earnings guidance
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