Core Insights - Interparfums reported revenue of $424.63 million for the quarter ended September 2024, marking a year-over-year increase of 15.4% and an EPS of $1.93 compared to $1.66 a year ago, with a slight revenue surprise of -0.08% against the Zacks Consensus Estimate [1] Revenue Performance by Region - North America net sales reached $167.70 million, exceeding the average estimate of $158.02 million [3] - Western Europe net sales were $110.40 million, surpassing the average estimate of $92.98 million [3] - Asia/Pacific net sales totaled $49.40 million, falling short of the average estimate of $58.82 million [3] - United States net sales were $146.10 million, representing an 8.7% increase year-over-year, but below the average estimate of $152.05 million [3] - Central and South America net sales amounted to $29.70 million, below the average estimate of $32.23 million [3] - Eastern Europe net sales reached $36.50 million, exceeding the average estimate of $26.23 million [3] - Total Europe net sales were $282.48 million, reflecting a 21% year-over-year increase and surpassing the average estimate of $264.02 million [3] - Middle East and Africa net sales were $30.90 million, below the average estimate of $36.29 million [3] Stock Performance - Interparfums shares have returned +4.1% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change, with a Zacks Rank 2 (Buy) indicating potential for further outperformance in the near term [4]

Company Performance - Interparfums reported quarterly earnings of $1.93 per share, exceeding the Zacks Consensus Estimate of $1.83 per share, and up from $1.66 per share a year ago, representing an earnings surprise of 5.46% [1] - The company posted revenues of $424.63 million for the quarter ended September 2024, slightly missing the Zacks Consensus Estimate by 0.08%, compared to $367.97 million in the same quarter last year [2] - Over the last four quarters, Interparfums has surpassed consensus EPS estimates two times and topped revenue estimates just once [2] Stock Performance - Interparfums shares have declined approximately 12.2% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.94 on revenues of $368.49 million, and for the current fiscal year, it is $5.17 on revenues of $1.46 billion [7] Industry Outlook - The Consumer Products - Discretionary industry, to which Interparfums belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Interparfums' stock performance [5][6]

Delaware 13-3275609 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) (212) 983-2640 (Registrants telephone number, including area code) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.001 par value per share IPAR The Nasdaq Stock Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act o ...

Core Viewpoint - Inter Parfums (IPAR) shows potential for significant upside, with a mean price target of $164.75 indicating a 33% increase from the current trading price of $123.91 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $5.12, suggesting a consensus among analysts [2] - The lowest estimate of $160 indicates a 29.1% increase, while the highest estimate predicts a 38.8% surge to $172 [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement [7] Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about IPAR's earnings prospects, with a positive trend in earnings estimate revisions [9] - The Zacks Consensus Estimate for the current year has increased by 0.4% over the past month, with no negative revisions [10] - IPAR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - Solely relying on price targets for investment decisions may not be wise, as analysts' price targets can often be overly optimistic due to business incentives [3][6] - While price targets should not be ignored, they should be approached with skepticism, as they may not accurately predict stock price movements [8]

Wall Street analysts expect Inter Parfums (IPAR) to post quarterly earnings of $1.83 per share in its upcoming report, which indicates a year-over-year increase of 10.2%. Revenues are expected to be $424.95 million, up 15.5% from the year-ago quarter.The current level reflects a downward revision of 2.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a ...

Core Insights - Inter Parfums, Inc. (IPAR) is expected to report growth in its bottom line for Q3 2024, with the Zacks Consensus Estimate for earnings rising to $1.83 per share, reflecting a 10.2% increase from the previous year [1] - The company has been benefiting from a strong fragrance market, driven by robust sales from new licenses such as Roberto Cavalli and Lacoste, alongside a focus on innovation and product launches [2] - However, IPAR has faced challenges with higher selling, general and administrative (SG&A) expenses, which may impact profits despite contributing to growth [3] Sales Performance - For the three months ending September 30, 2024, IPAR's net sales increased by 15% to $425 million, up from $368 million in the same quarter last year [5] - European operations saw a significant sales surge of 21% to $282 million, driven by strong performances from brands like Jimmy Choo and Montblanc, which grew by 17% and 10% respectively [5] - U.S. operations also reported a 9% year-over-year sales increase to $146 million, with the GUESS brand achieving a 16% rise in sales [6] Earnings Outlook - The current model does not predict a definitive earnings beat for IPAR, as it holds a Zacks Rank of 1 (Strong Buy) but has an Earnings ESP of -0.14% [7]

Core Viewpoint - Inter Parfums (IPAR) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Inter Parfums for the fiscal year ending December 2024 is projected at $5.17 per share, reflecting an 8.8% increase from the previous year's reported figure [9]. - Over the past three months, the Zacks Consensus Estimate for Inter Parfums has risen by 0.5%, indicating a trend of increasing earnings estimates [9]. Zacks Rating System - The Zacks rating system is based solely on changes in a company's earnings picture, making it a reliable tool for investors to gauge stock performance [2][3]. - The Zacks Rank system categorizes stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, highlighting their superior earnings estimate revision characteristics [10][11]. Market Implications - The upgrade to Zacks Rank 1 for Inter Parfums suggests an improvement in the company's underlying business, which is expected to drive stock price appreciation [6][11]. - The correlation between earnings estimate revisions and near-term stock movements underscores the potential for significant returns when investing based on these revisions [7].

Wall Street expects a year-over-year increase in earnings on higher revenues when Inter Parfums (IPAR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...

Inter Parfums, Inc. (IPAR) continues to benefit from strength in the fragrance market, as reflected in its stellar third-quarter 2024 sales. The results were fueled by ongoing fragrance market momentum, the strong performance of the company’s largest brands, as well as contributions from its latest brands, Lacoste and Roberto Cavalli.For the three months ended Sept. 30, 2024, net sales rose 15% to $425 million from $368 million reported in the year-ago quarter. This growth was driven by the strong performan ...

Achieves Best Quarterly Sales Performance in Company History; Reaffirms FY2024 Guidance2024 Third Quarter Conference Call Scheduled for November 7, 2024 NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that for the three months ended September 30, 2024, net sales rose to a record $425 million, up 15% from $368 million in the third quarter of 2023. Net Sales ($ in millions) Data may not foot due to rounding Three Months EndedNi ...