Movado Group, Inc. (MOV) Tops Q3 EPS by 22c; Boosts FY12 EPS Above Views

December 1, 2011 7:33 AM EST
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Price: $36.65 --0%

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Interest income: 45K

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Movado Group, Inc. (NYSE: MOV) reported Q3 EPS of $0.65, $0.22 better than the analyst estimate of $0.43. Revenue for the quarter came in at $142.6 million versus the consensus estimate of $133.4 million.

Movado Group, Inc. sees FY2012 EPS of $0.93-$0.98, versus prior guidance of $0.60-$0.65 and the consensus of $0.69.


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