Inter Parfums (NASDAQ:IPAR) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Inter Parfums beat estimated earnings by 25.0%, reporting an EPS of $1.1 versus an estimate of $0.88.
Revenue was up $52.15 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 1.43% increase in the share price the next day.
Here's a look at Inter Parfums's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | 0.68 | 0.23 | 0.53 |
| EPS Actual | -0.04 | 1.20 | 0.71 | 0.82 |
| Revenue Estimate | 210.80M | 262.69M | 149.01M | 189.52M |
| Revenue Actual | 210.72M | 262.70M | 207.57M | 198.53M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Inter Parfums management provided guidance for FY 2022, expecting earnings between $3.0 and $3.0 per share.
To track all earnings releases for Inter Parfums visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
