Earnings Outlook For Movado Group
Portfolio Pulse from Benzinga Insights
Movado Group (NYSE:MOV) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.34. The company's past performance shows a pattern of beating EPS estimates, which often leads to a share price increase. However, the stock has been on a downward trend, with shares down 25.83% over the last 52-week period.
August 23, 2023 | 2:01 pm
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Movado Group's upcoming earnings report could impact its stock price. Despite past EPS beats, the stock has been on a downward trend, with shares down 25.83% over the last 52-week period.
Movado Group's stock price could be influenced by its upcoming earnings report. The company has a history of beating EPS estimates, which often leads to a share price increase. However, the stock has been on a downward trend, with shares down 25.83% over the last 52-week period. This suggests that despite the company's strong earnings performance, other factors may be negatively affecting the stock price.
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