Recap: Movado Group Q1 Earnings - Movado Group (NYSE:MOV)

Movado Group MOV reported its Q1 earnings results on Thursday, May 25, 2023 at 06:46 AM.

Here's what investors need to know about the announcement.

Movado Group beat estimated earnings by 65.38%, reporting an EPS of $0.43 versus an estimate of $0.26.

Revenue was down $18.52 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 1.56% drop in the share price the next day.

Here's a look at Movado Group's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.86	1.21	0.71	0.46
EPS Actual	1.03	1.31	1.07	0.82
Revenue Estimate	184.40M	225.60M	181.00M	144.00M
Revenue Actual	194.27M	211.40M	182.80M	163.42M

To track all earnings releases for Movado Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.