Shoe Carnival (Nasdaq: SCVL) reported earnings on May 17. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 28 (Q1), Shoe Carnival met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share expanded.

Gross margins dropped, operating margins were steady, and net margins were steady.

Revenue details
Shoe Carnival reported revenue of $222.6 million. The six analysts polled by S&P Capital IQ expected to see revenue of $221.3 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $198.5 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.54. The five earnings estimates compiled by S&P Capital IQ averaged $0.51 per share. GAAP EPS of $0.54 for Q1 were 8.0% higher than the prior-year quarter's $0.50 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 30.8%, 30 basis points worse than the prior-year quarter. Operating margin was 8.1%, about the same as the prior-year quarter. Net margin was 5.0%, about the same as the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $182.7 million. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $849.3 million. The average EPS estimate is $1.47.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 74 members out of 86 rating the stock outperform, and 12 members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Shoe Carnival a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shoe Carnival is buy, with an average price target of $22.27.

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