Interparfums Inc reports results for the quarter ended in September 30 - Earnings Summary

Interparfums

07/11/2024 04:40

* Interparfums Inc  IPAR.OQ  reported quarterly adjusted
earnings
of $1.93​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.66.  The mean expectation of four analysts for the quarter
was for earnings of $1.83 per share. Wall Street expected
results to range from $1.73  to $1.90 per share.
    * Revenue rose 15.4% to $424.63 million from a year ago;
analysts
expected $424.91 million. 
    * Interparfums Inc's reported EPS for the quarter was
$1.93​.
    * The company reported quarterly net income of $62.26
million.
    * Interparfums Inc shares had fallen by 2.3% this
quarter and
lost 12.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the personal
products
peer group is also "buy"

Wall Street's median 12-month price target for Interparfums Inc
is 163.50 
This summary was machine generated from LSEG data November 7 at
04:40 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.83           1.93           Beat
 Jun. 30 2024      1.05           1.14           Beat
 Mar. 31 2024                     1.27           
 Dec. 31 2023      0.38           0.32           Missed