Benzinga | Aug 26, 2020 10:24AM EDT

Earnings Outlook For Movado Group

Movado Group (NYSE: MOV) announces its next round of earnings this Thursday, August 27. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

Earnings and Revenue

Sell-side analysts are expecting Movado Group's loss per share to be near $0.31 on sales of $113.00 million. Movado Group reported a per-share profit of $0.36 when it published results during the same quarter last year. Sales in that period totaled $157.82 million. The analyst consensus estimate would represent a 186.11% decrease in the company's earnings per share. Revenue would have fallen 39.51% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate -0.20 0.21 1.03 0.49EPS Actual -0.56 0.15 0.82 0.36Revenue Estimate 81.00 M 185.00 M 220.00 M 167.00 MRevenue Actual 69.67 M 190.98 M 205.62 M 157.82 M

Stock Performance

Over the last 52-week period, shares are down 46.1%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Movado Group is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/5g5xpj8i