Movado Group Inc expected to post earnings of 30 cents a share - Earnings Preview

Movado

24/08/2021 14:12

* Movado Group Inc  MOV.N   MOV  is expected to show a rise in
quarterly revenue when it reports results on August 26. 
* The Paramus, New Jersey-based company is expected to report 
 a 45.7% increase in revenue to $129 million from $88.54 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Movado Group Inc is for
earnings of 30 cents per share. For the same quarter last year,
the company reported a loss of 7 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* 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 $30​, about 10.1% below​ its last closing price
of $33.04. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Apr. 30 2021  -0.08       -0.08      0.43      Beat    605.9
 Jan. 31 2021              0.45       0.84      Beat    87.9
 Oct. 31 2020  0.48        0.48       0.70      Beat    45.2​
 Jul. 31 2020  -0.31       -0.31      -0.07     Beat    77.4
 Apr.          -0.20​      -0.20      -0.56     Missed  -181.4
 30​ 2020​                                              ​
 Jan. 31 2020              0.21       0.15      Missed  -28.6​
 Oct. 31 2019  1.03        1.03       0.82      Missed  -20.4
 Jul. 31 2019  0.50        0.50       0.36      Missed  -27.3
 This summary was machine generated August 24 at 13:12 GMT.  All
figures in US dollars unless otherwise stated