For the quarter ended March 2024, Inter Parfums (IPAR - Free Report) reported revenue of $323.96 million, up 3.9% over the same period last year. EPS came in at $1.27, compared to $1.68 in the year-ago quarter.
The reported revenue represents a surprise of -2.18% over the Zacks Consensus Estimate of $331.17 million. With the consensus EPS estimate being $1.56, the EPS surprise was -18.59%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Inter Parfums performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- North America: $108.10 million versus $121.51 million estimated by three analysts on average.
- Net Sales- Middle East: $27.10 million versus the three-analyst average estimate of $25.27 million.
- Net Sales- Europe: $230.96 million versus $239.91 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Net Sales- Asia: $51.80 million compared to the $50.07 million average estimate based on three analysts.
- Net Sales- United States: $95.77 million versus the three-analyst average estimate of $90.25 million. The reported number represents a year-over-year change of +17.6%.
- Net Sales- Central and South America: $34.40 million versus the three-analyst average estimate of $24.14 million.
- Net Sales- Eastern Europe: $17.50 million compared to the $25.46 million average estimate based on two analysts.
- Net Sales- Western Europe: $85.10 million compared to the $75.87 million average estimate based on two analysts.
View all Key Company Metrics for Inter Parfums here>>>Shares of Inter Parfums have returned -9.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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For the quarter ended March 2024, Inter Parfums (IPAR - Free Report) reported revenue of $323.96 million, up 3.9% over the same period last year. EPS came in at $1.27, compared to $1.68 in the year-ago quarter.
The reported revenue represents a surprise of -2.18% over the Zacks Consensus Estimate of $331.17 million. With the consensus EPS estimate being $1.56, the EPS surprise was -18.59%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Inter Parfums performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- North America: $108.10 million versus $121.51 million estimated by three analysts on average.
- Net Sales- Middle East: $27.10 million versus the three-analyst average estimate of $25.27 million.
- Net Sales- Europe: $230.96 million versus $239.91 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
- Net Sales- Asia: $51.80 million compared to the $50.07 million average estimate based on three analysts.
- Net Sales- United States: $95.77 million versus the three-analyst average estimate of $90.25 million. The reported number represents a year-over-year change of +17.6%.
- Net Sales- Central and South America: $34.40 million versus the three-analyst average estimate of $24.14 million.
- Net Sales- Eastern Europe: $17.50 million compared to the $25.46 million average estimate based on two analysts.
- Net Sales- Western Europe: $85.10 million compared to the $75.87 million average estimate based on two analysts.
View all Key Company Metrics for Inter Parfums here>>>Shares of Inter Parfums have returned -9.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Where Will Stocks Go…
If Biden Wins? If Trump Wins?
The answers may surprise you.
Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!
Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…
1. Medical manufacturer has gained +11,000% in the last 15 years.
2. Rental company is absolutely crushing its sector.
3. Energy powerhouse plans to grow its already large dividend by 25%.
4. Aerospace and defense standout just landed a potentially $80 billion contract.
5. Giant Chipmaker is building huge plants in the U.S.
Hurry, Download Special Report FREE >>
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