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Stock impact report

Things to Note Ahead of Inter Parfums' (IPAR) Q4 Earnings [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
Although the Zacks Consensus Estimate for quarterly earnings has moved up 9.4% in the past 30 days to 35 cents per share, the projection suggests a decline of 50.7% from the year-ago quarter's reported figure. The consensus mark for 2023 earnings is pegged at $4.78 per share, indicating growth of 20.4% from the year-ago period's reported figure. The fragrances and related products company has a trailing four-quarter earnings surprise of 45.7%, on average. IPAR reported an earnings surprise of 30.7% in the last reported quarter. Things To Note Inter Parfums has been grappling with higher SG&A expenses for a while. We note that the company is undertaking heightened investments in advertising, promotion and structural investments to support the newly-acquired licenses. Such investments are likely to have put pressure on the company's profits in the to-be-reported quarter. Yet, Inter Parfums has been reaping benefits from the booming global fragrance market courtesy of strength in Show less Read more
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