Movado Group Inc reports results for the quarter ended April 30 - Earnings Summary
Movado Group Inc reports results for the quarter ended April 30 - Earnings Summary
Movado Group Inc MOV.N reported quarterly adjusted earnings of 30 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of two analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 7 cents per share.
Revenue rose 8.1% to $142.40 million from a year ago; analysts expected $135.12 million.
Movado Group Inc's reported EPS for the quarter was 30 cents.
The company reported quarterly net income of $6.93 million.
Movado Group Inc shares had risen by 22.1% this quarter and gained 44.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 25.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Movado Group Inc is $30.75, about 3% above its last closing price of $29.82
This summary was machine generated from LSEG data May 27 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.05 | 0.30 | Beat |
Jan. 31 2026 | 0.53 | 0.55 | Beat |
Oct. 31 2025 | 0.57 | 0.42 | Missed |
Jul. 31 2025 | 0.31 | 0.13 | Missed |
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