Previous close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 210.00 |
Expiry date | 2024-05-17 |
Day's range | 0.0500 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
While the top- and bottom-line numbers for Inter Parfums (IPAR) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Performance Meets Expectations with a Focus on Strategic Growth Amid Market Challenges
Fragrance and perfume company Inter Parfums (NASDAQ:IPAR) fell short of analysts' expectations in Q1 CY2024, with revenue up 3.9% year on year to $324 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.45 billion at the midpoint. It made a GAAP profit of $1.27 per share, down from its profit of $1.68 per share in the same quarter last year.