Inter Parfums (NASDAQ:IPAR) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Inter Parfums will report an earnings per share (EPS) of $1.83.
Inter Parfums bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.05, leading to a 1.86% increase in the share price the following trading session.
Here's a look at Inter Parfums's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.09 | 1.54 | 0.38 | 1.31 |
| EPS Actual | 1.14 | 1.27 | 0.32 | 1.66 |
| Price Change % | 2.0% | -4.0% | -5.0% | 0.0% |
Tracking Inter Parfums's Stock Performance
Shares of Inter Parfums were trading at $123.91 as of November 04. Over the last 52-week period, shares are down 2.56%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Inter Parfums visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
