Inter Parfums, Inc. ($IPAR) 2Q20 Earnings Preview

Inter Parfums, Inc. (NASDAQ:IPAR) is reporting second quarter earnings results on Monday 10th August 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.12 per share.

For the full year, analysts predict revenues of $ 445.24 million, while looking forward to income of $ 0.71 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 742.00 million ~ $ 742.00 million, where as bottomline are predicted in a range of $ 2.00 ~ $ 2.00 per share

Click Here For More Historical Outlooks Of Inter Parfums, Inc.

Previous Quarter Performance

Inter Parfums, Inc. unfold income for the first quarter of $ 0.32 per share, from the revenue of $ 144.82 million. The quarterly earnings fell 46.67 percent while revenues lowered 18.75 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.43 per share from $ 157.84 million in revenue. The bottom line results missed street analysts by $ 0.11 or 25.58 percent, at the same time, top line results fell short of analysts by $ 13.02 million or 8.25 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Inter Parfums, Inc.

Stock Performance

According to the previous trading day, closing price of IPAR was $ 44.47, representing a 30.03 % increase from the 52 week low of $ 34.20 and a 45.37 % decrease over the 52 week high of $ 81.40.

The company has a market capital of $ 1.40 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.

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Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T.

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