Movado Group Q3 Adj. EPS $0.45 Misses $0.57 Estimate, Sales $186.132M Beat $185.887M Estimate

Movado Group (NYSE:MOV) reported quarterly earnings of $0.45 per share which missed the analyst consensus estimate of $0.57 by 21.6 percent. This is a 21.62 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $186.132 million which beat the analyst consensus estimate of $185.887 million by 0.13 percent. This is a 3.11 percent increase over sales of $180.524 million the same period last year.