Recap: Movado Group Q1 Earnings
Portfolio Pulse from Benzinga Insights
Movado Group (NYSE:MOV) reported Q1 earnings with an EPS of $0.43, beating estimates by 65.38%. However, revenue was down $18.52 million compared to the same period last year.
May 25, 2023 | 10:50 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Movado Group's Q1 earnings beat estimates with an EPS of $0.43, a 65.38% increase. However, revenue was down $18.52 million YoY.
Movado Group's Q1 earnings beat estimates significantly, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100