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Compared to Estimates, Interparfums (IPAR) Q3 Earnings: A Look at Key Metrics
Inter ParfumsInter Parfums(US:IPAR) ZACKSยท2024-11-07 01:36

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]