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MOV — Movado News Story

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Movado Group Inc reports results for the quarter ended in April - Earnings Summary

* Movado Group Inc  MOV.N  reported quarterly adjusted earnings
of 43 cents​​ per share for the quarter ended in April. The lone
analyst forecast for the quarter was for a loss of 8 cents per
share.
* Revenue rose 93.5% to $134.80 million from a year ago; 
analysts expected $111.00 million. 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Movado Group Inc shares had risen by 7.1% this quarter and
gained 83.4% so far this year.
* The company reported quarterly net income of $9.41 million.
* Wall Street's median 12-month price target for Movado Group
Inc is $30.00 
* 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." 
This summary was machine generated May 27 at 01:32 p.m. GMT.
​All figures in US dollars

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