Movado Group Inc. (MOV) Dropped To A 1-Month Low On Weak 2017 Forecast

Movado Group Inc. (MOV) reported fourth quarter adjusted EPS of $0.40 Thursday morning, compared to the consensus estimate of $0.39. The company expects to report full year 2017 EPS of $1.85 to $2.00. Street expectations are for EPS of $2.27.

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