Movado Group Q1 2025 GAAP EPS $0.13 Beats $0.12 Estimate, Sales $136.669M Miss $145.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
Movado Group (NYSE:MOV) reported Q1 2025 earnings per share (EPS) of $0.13, beating the analyst consensus estimate of $0.12 by 8.33%. However, the company's sales of $136.669 million missed the analyst estimate of $145.200 million by 5.88%, and represented a 5.68% decrease from the same period last year.
May 30, 2024 | 10:46 am
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Movado Group's Q1 2025 EPS of $0.13 beat estimates, but sales of $136.669 million missed expectations and decreased year-over-year. This mixed result may lead to short-term volatility in the stock price.
While the EPS beat is a positive sign, the miss on sales and the year-over-year decline in revenue could concern investors. This mixed result is likely to cause short-term volatility in MOV's stock price.
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