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

Movado

26/05/2022 14:33

* Movado Group Inc  MOV.N  reported quarterly adjusted
earnings of
82 cents​​ per share for the quarter ended in April. The lone
analyst forecast for the quarter was for earnings of 46 cents
per share.
    * Revenue rose 21.2% to $163.42 million from a year ago; 
analysts
expected $144.00 million. 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Movado Group Inc shares had fallen by 18.0% this
quarter and
lost 23.4% so far this year.
    * The company reported quarterly net income of $18.51
million.
    * Wall Street's median 12-month price target for Movado
Group Inc
is $43.00 
    * 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 26 at 01:33 p.m.  ​All
figures in US dollars unless otherwise stated