Benzinga | Nov 24, 2020 06:47AM EST

Movado Group Q3 Adj. EPS $0.70 Beats $0.48 Estimate, Sales $169.90M Miss $173.00M Estimate

Movado Group (NYSE:MOV) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.48 by 45.83 percent. This is a 14.63 percent decrease over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $169.90 million which missed the analyst consensus estimate of $173.00 million by 1.79 percent. This is a 17.37 percent decrease over sales of $205.62 million the same period last year.