Movado Group Inc expected to post earnings of 26  cents a share - Earnings Preview

Movado

23/05/2023 18:10

* Movado Group Inc  MOV.N   MOV  is expected to show a fall
in
quarterly revenue when it reports  results on May 25. 
    * The Paramus New Jersey-based  company is expected to
report  a
9.3% decrease in revenue to $148.3 million from $163.42 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on March 23 2023, for the
period ended April 30, was for revenue between $138.91 million
and $143.81 million.
    * ​Refinitiv's mean analyst estimate for Movado Group Inc is
for
earnings of 26 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Movado
Group Inc
is $32​, above​ its last closing price of $26.34. ​​​

This summary was machine generated May 23 at 17:10 GMT.  All
figures in US dollars  unless otherwise stated