Inter Parfums (IPAR) Q1 Earnings Coming Up: What's in Store?

Inter Parfums, Inc. (IPAR) is likely to see a bottom-line decline when it reports first-quarter 2024 earnings on May 7. The consensus mark for quarterly earnings has declined by 4.9% in the past 30 days to $1.56 per share. This indicates a decrease of 7.1% from the year-ago quarter’s reported figure. However, IPAR has a trailing four-quarter earnings surprise of 16.4%, on average.Factors to NoteInter Parfums has been battling elevated SG&A costs for a while. The company has been undertaking heightened inves ...