Benzinga | May 26, 2021 10:25AM EDT

Movado Group's Earnings: A Preview

Movado Group (NYSE:MOV) announces its next round of earnings this Thursday, May 27. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts are expecting Movado Group to report a loss of $0.08 per share. Revenue will likely be around $111.00 million, according to the consensus estimate. In the same quarter last year, Movado Group posted a loss of $0.56 per share on sales of $69.67 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 85.71% increase for the company. Revenue would be up 59.33% from the same quarter last year. Movado Group's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate 0.45 0.48 -0.31 -0.20EPS Actual 0.84 0.70 -0.07 -0.56Revenue Estimate 164.00 M 173.00 M 113.00 M 81.00 MRevenue Actual 178.33 M 169.86 M 88.54 M 69.67 M

Stock Performance

Shares of Movado Group were trading at $29.47 as of May 25. Over the last 52-week period, shares are up 179.28%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not 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.