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Stock impact report

Movado (NYSE:MOV) Misses Q3 Revenue Estimates [Yahoo! Finance]

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Yahoo! Finance
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $665 million at the midpoint. Its GAAP profit of $0.22 per share was 31.3% below analysts' consensus estimates. Is now the time to buy Movado? Find out in our full research report Revenue: $182.7 million vs analyst estimates of $187.7 million (2.6% year-on-year decline, 2.6% miss) Adjusted EPS: $0.22 vs analyst expectations of $0.32 (31.3% miss) The company dropped its revenue guidance for the full year to $665 million at the midpoint from $670 million, a 0.7% decrease EPS (GAAP) guidance for the full year is $0.90 at the midpoint, missing analyst estimates by 1.1% Operating Margin: 3.6%, down from 11% in the same quarter last year Free Cash Flow was -$7.17 million compared to -$3.87 million in the same quarter last year Market Capitalization: $464.1 million Efraim Grinberg, Chairman and Chief Executive Officer, stated, “We continued to advance our strat Show less Read more
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