Movado (NYSE:MOV) reported Q4 EPS of $0.24, topping estimates of $0.10 (1 estimate).The company reported Q4 revenues of $122.4 million, vs. the year ago figure of $101 million.The company said it sees annual revenues of $500 million – $505 million.The company sees FY 2013 EPS of $1.10, inline with estimates.Movado also declared a $0.50 special cash dividend, and boosted its quarterly dividend to $0.05 from $0.03.Movado (NYSE:MOV) has potential upside of 7.8% based on a current price of $22.27 and an average consensus analyst price target of $24.
