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home / news releases / MOV - Assessing If Movado Can Bottom On Q4 Earnings


MOV - Assessing If Movado Can Bottom On Q4 Earnings

We wrote about Movado (MOV) last November 12th in an attempt to ascertain whether the stock had printed its multi-year lows. Shares at the time were trading at $25.26 apiece. Well, the third-quarter numbers which were announced on the 26th of November put to bed that idea with conviction. Earnings per share for that quarter came in at $0.82. This number was emphatically lower than the consensus $1.03 per share for that quarter.

To make matters worse, $0.21 per share is expected in earnings for the fourth quarter of this fiscal

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Stock Information

Company Name: Movado Group Inc.
Stock Symbol: MOV
Market: NYSE
Website: movadogroup.com

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