Movado (MOV) Q3 Earnings Lag Estimates

Movado (MOV) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.05%. A quarter ago, it was expected that this watchmaker would post earnings of $0.31 per share when it actually produced earnings of $0.23, delivering a surprise of -25.81%.Over the last four quarters, the company has s ...