Movado (MOV) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Movado, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Movado is expected to report quarterly earnings of $0.39 per share, reflecting a +200% change year-over-year [3] - Revenue projections stand at $142.11 million, indicating a 4% increase from the previous year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analyst expectations [4] - Movado's Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict earnings deviation from consensus, with positive readings being more reliable [6][7] - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 significantly increases the likelihood of an earnings beat [8] Historical Performance - In the last reported quarter, Movado exceeded expectations by delivering earnings of $0.51 per share against an estimate of $0.39, resulting in a +30.77% surprise [12] - Over the past four quarters, Movado has only beaten consensus EPS estimates once [13] Conclusion - Movado does not currently appear to be a strong candidate for an earnings beat, and investors should consider additional factors when evaluating the stock ahead of the earnings release [16]