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Stock impact report

Inter Parfums (NASDAQ:IPAR) Misses Q1 Revenue Estimates [Yahoo! Finance]

Inter Parfums, Inc. (IPAR) 
Last inter parfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: Yahoo! Finance
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.45 billion at the midpoint. It made a GAAP profit of $1.27 per share, down from its profit of $1.68 per share in the same quarter last year. Is now the time to buy Inter Parfums? Find out in our full research report Inter Parfums (IPAR) Q1 CY2024 Highlights: Revenue: $324 million vs analyst estimates of $328.7 million (1.4% miss) EPS: $1.27 vs analyst expectations of $1.54 (17.5% miss) The company reconfirmed its revenue guidance for the full year of $1.45 billion at the midpoint (EPS maintained as well) Gross Margin (GAAP): 62.5%, up from 57.4% in the same quarter last year Market Capitalization: $3.84 billion Jean Madar, Chairman & Chief Executive Officer of Inter Parfums noted, “As expected, following the exceptional sales performance in the first quarter of last year, driven by the introduction of numerous new products, sales growth moderated during Show less Read more
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