* Inter Parfums Inc reported quarterly adjusted earnings of $1.14 per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of $1.09. The mean expectation of four analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from 94 cents to $1.16 per share.
* Revenue rose 10.7% to $342.23 million from a year ago; analysts expected $339.33 million.
* Inter Parfums Inc's reported EPS for the quarter was $1.14.
* The company reported quarterly net income of $36.82 million.
* Inter Parfums Inc shares had risen by 10.2% this quarter and lost 11.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
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 Inter Parfums Inc is $172.00 This summary was machine generated from LSEG data August 6 at 10:06 p.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
Jun. 30 2024 1.05 1.14 Beat
Mar. 31 2024 1.54 1.27 Missed
Dec. 31 2023 0.38 0.32 Missed
Sep. 30 2023 1.31 1.66 Beat
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