Movado Group Earnings Preview

Before you go, we thought you'd like these...
Before you go close icon

Movado Group (NYS: MOV) will try to beat its earnings estimates for the fourth consecutive quarter. The company will unveil its latest earnings on Thursday. Movado Group designs, sources, markets, and distributes fine watches and jewelry. It also designs proprietary Movado-branded jewelry which it retails in its luxury Movado Boutiques.

What analysts say:

  • Buy, sell, or hold?: That rating hasn't budged in three months as analysts have remained steady in their opinion of the stock.
  • Revenue forecasts: On average, analysts predict $133.4 million in revenue this quarter. That would represent a rise of 8.5% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.43 per share.

What our community says:
CAPS All-Stars are solidly behind the stock with 91.4% awarding it an outperform rating. The community at large backs the All-Stars with 86.4% assigning it a rating of outperform. Fools have embraced Movado Group, though the message boards have been quiet lately with only 78 posts in the past 30 days. Despite the majority sentiment in favor of Movado Group, the stock has a middling CAPS rating of three out of five stars.

Management:
Revenue has now gone up for three straight quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross, operating, and net margins over the past four quarters.

Quarter

Q2

Q1

Q4

Q3

Gross Margin

53.8%

54.1%

30.6%

55.8%

Operating Margin

4.4%

1.8%

(23.3%)

14.8%

Net Margin

3.9%

0.5%

(31.0%)

13.7%

For all our Movado Group-specific analysis, including earnings and beyond, add Movado Group to My Watchlist.

The Motley Fool owns shares of Movado Group.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Earnings estimates provided by Zacks

At the time this article was published

Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners