Inter Parfums (IPAR) to Report Q3 Results: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Inter Parfums, with a focus on how actual results compare to estimates, which could significantly impact the stock price [1][2]. Earnings Expectations - Inter Parfums is expected to report quarterly earnings of $1.83 per share, reflecting a year-over-year increase of 10.2% [3]. - Revenue projections stand at $424.95 million, indicating a 15.5% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 2.59% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Inter Parfums is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.14%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [7][8]. - A positive Earnings ESP combined with a Zacks Rank of 1 (Strong Buy) has historically led to a positive surprise nearly 70% of the time [8]. Historical Performance - In the last reported quarter, Inter Parfums exceeded earnings expectations by delivering $1.14 per share against an expected $1.07, resulting in a surprise of 6.54% [11]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [12]. Conclusion - Despite the potential for an earnings beat, other factors may influence stock movement, and Inter Parfums does not currently appear to be a strong candidate for an earnings beat [13][15].