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

Movado

26/08/2021 14:33

* Movado Group Inc  MOV.N  reported quarterly adjusted earnings
of 85 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 30 cents
per share.
* Revenue rose 96.4% to $173.87 million from a year ago; 
analysts expected $129.00 million. 
* The mean earnings estimate of analysts had risen by
about 39.9% 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 9.1% this quarter and
gained 106.5% so far this year.
* The company reported quarterly net income of $19.41 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 August 26 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated