SHOE CARNIVAL (SCVL)
EARNINGS RELEASE - SEPTEMBER 1 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .61/share REV: 310.5/M
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NEXT QTR: EPS: .97/share REV: 284.2/M
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FULL YR: EPS: .66/share REV: 985.9/M
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LAST QTR: EPS: -.63/share ACTUAL: -1.16/share (MISS)
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BEAT/MISS RECORD: 63% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 25.23, 7.67, 23.04
EXPECTED JUMP MOVE THIS QUARTER: 10-15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
The markets finished 2021 on a strong note for a variety of plays, including safe stocks. That isn’t too surprising, given that most of the big players at Wall Street trading firms and financial institutions make a lot of their money from their year-end bonuses. Those bonuses are made up of fund managers increasing assets under management as well as performance relative to a benchmark. But the good times also have some stronger underpinnings. The economy is starting to digest the huge amounts of
It looks like Shoe Carnival, Inc. ( NASDAQ:SCVL ) is about to go ex-dividend in the next four days. The ex-dividend…
Shoe Carnival Inc. said Monday that its board has approved a new $50 million share repurchase program, effective Jan. 1, 2022. The new program will replace a previous $50 million program authorized in December 2020. The company also announced a dividend of 7 cents per share payable to shareholders of record as of Jan. 10, 2022 on Jan. 24, 2022. Shoe Carnival stock has nearly doubled, up 93.8%, for the year, while the S&P 500 index has gained 23% for the period.
EVANSVILLE, Ind., December 20, 2021–Shoe Carnival Announces New $50 Million Share Repurchase Program and Declares Quarterly Cash Dividend
EVANSVILLE, Ind., December 17, 2021–Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of footwear and accessories for the family, has launched same-day delivery in partnership with DoorDash (NYSE: DASH). The offering is the first-of-its-kind in family footwear and provides a convenient service for busy and last-minute shoppers alike.
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
ANALYSIS:
Stockjumpers trajectory analysis has the market reaction as negative, even though the last 3 quarters the stock went way up despite missing big on earnings, and has kept climbing the last few weeks with a huge rise in the last 30 days.
We are biased short on this event based on our recent models. We will run models until end of day and update accordingly.
UPDATE: We remain biased short and will sell end of day
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OUR TRADE PLAN:
ENTRY: SELL
STOP LOSS: N/A
INITIAL PROFIT TARGET:
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TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
| Avg Daily Volume: 165,096 Market Cap: 366.14M Sector: Services Short Interest: 27.66 |
Ticker delayed 20 minutes
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by Team Stockjumpers