Luxury watch company Movado (NYSE:MOV) will be reporting results this Thursday before market hours. Here’s what to look for.

Movado missed analysts’ revenue expectations by 7.3% last quarter, reporting revenues of $131.8 million, down 1.9% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EPS estimates.

Is Movado a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Movado’s revenue to decline 1.6% year on year to $156.8 million, in line with its flat revenue from the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Movado’s peers in the apparel and accessories segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Figs delivered year-on-year revenue growth of 5.8%, beating analysts’ expectations by 5.5%, and Kontoor Brands reported revenues up 8.5%, topping estimates by 3.7%. Figs traded down 5.3% following the results while Kontoor Brands was up 19.1%.

Read our full analysis of Figs’s results here and Kontoor Brands’s results here.

There has been positive sentiment among investors in the apparel and accessories segment, with share prices up 6.1% on average over the last month. Movado is up 1.5% during the same time and is heading into earnings with an average analyst price target of $31.50 (compared to the current share price of $17.06).

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