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Compared to Estimates, Interparfums (IPAR) Q3 Earnings: A Look at Key Metrics
IPARInter Parfums(IPAR) ZACKS·2024-11-07 01:36

Core Insights - Interparfums reported revenue of 424.63millionforthequarterendedSeptember2024,markingayearoveryearincreaseof15.4424.63 million for the quarter ended September 2024, marking a year-over-year increase of 15.4% and an EPS of 1.93 compared to 1.66ayearago,withaslightrevenuesurpriseof0.081.66 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 158.02million[3]WesternEuropenetsaleswere158.02 million [3] - Western Europe net sales were 110.40 million, surpassing the average estimate of 92.98million[3]Asia/Pacificnetsalestotaled92.98 million [3] - Asia/Pacific net sales totaled 49.40 million, falling short of the average estimate of 58.82million[3]UnitedStatesnetsaleswere58.82 million [3] - United States net sales were 146.10 million, representing an 8.7% increase year-over-year, but below the average estimate of 152.05million[3]CentralandSouthAmericanetsalesamountedto152.05 million [3] - Central and South America net sales amounted to 29.70 million, below the average estimate of 32.23million[3]EasternEuropenetsalesreached32.23 million [3] - Eastern Europe net sales reached 36.50 million, exceeding the average estimate of 26.23million[3]TotalEuropenetsaleswere26.23 million [3] - Total Europe net sales were 282.48 million, reflecting a 21% year-over-year increase and surpassing the average estimate of 264.02million[3]MiddleEastandAfricanetsaleswere264.02 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]