Movado Group Inc reports results for the quarter ended July 31 - Earnings Summary
Movado Group Inc reports results for the quarter ended July 31 - Earnings Summary
Movado Group Inc MOV.N reported quarterly adjusted earnings of 53 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of two analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 35 cents to 36 cents per share.
Revenue rose 4.9% to $169.75 million from a year ago; analysts expected $164.17 million.
Movado Group Inc's reported EPS for the quarter was 53 cents.
The company reported quarterly net income of $12.3 million.
Movado Group Inc shares had fallen by 11.0% this quarter and gained 69.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.4% 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." The average consensus recommendation for the apparel & accessories peer group is also "buy"
Wall Street's median 12-month price target for Movado Group Inc is $47.50, about 26.4% above its last closing price of $34.97
This summary was machine generated from LSEG data August 26 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 |
Jul. 31 2026 | 0.35 | 0.53 | Beat |
Apr. 30 2026 | 0.05 | 0.30 | Beat |
Jan. 31 2026 | 0.53 | 0.55 | Beat |
Oct. 31 2025 | 0.57 | 0.42 | Missed |
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Movado Group Inc reports results for the quarter ended July 31 - Earnings Summary
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