Movado Group (MOV) Tops Q4 EPS by 14c; Issues Special 50c Dividend, Raises Qtr. Payout; Offers FY13 Outlook

Movado Group (NYSE: MOV) reported Q4 EPS of $0.24, 14 cents better than the analyst estimate of $0.10. Revenue for the quarter came in at $122.4 million versus the consensus estimate of $105 million.

Issued a 50 cent special dividend, raises quarterly dividend 67 percent to 5 cents.

Sees FY13 EPS of $1.10 on sales of $500-$505 million.

For earnings history and earnings-related data on Movado Group (MOV) click here.

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