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

Movado

23/03/2023 13:31

* Movado Group Inc  MOV.N  reported quarterly adjusted
earnings of
$1.03​​ per share for the quarter ended in January. The lone
analyst forecast for the quarter was for earnings of 86 cents
per share.
    * Revenue fell 5.7% to $194.27 million from a year ago;
analysts
expected $184.40 million. 
    * Movado Group Inc's reported EPS for the quarter was
$1.00​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Movado Group Inc shares had risen by 2.4% this quarter.
    * The company reported quarterly net income of $22.73
million.
    * Wall Street's median 12-month price target for Movado
Group Inc
is $38.00 
    * 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 from LSEG Refinitiv data
March 23 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.86           1.03           Beat
 Oct. 31 2022      1.21           1.31           Beat
 Jul. 31 2022      0.71           1.07           Beat
 Apr. 30 2022      0.46           0.82           Beat