Movado Group-Movado (MOV) Lags Q1 Earnings and Revenue Estimates

Movado (MOV) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of$ 0.39 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -79.49%. A quarter ago, it was expected that this watchmaker would post earnings of$ 0.39 per share when it actually produced earnings of $0.51, delivering a surprise of 30.77%.Over the last four quarters, the company has su ...