20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Inter Parfums (NASDAQ:IPAR) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Inter Parfums beat estimated earnings by 13.16%, reporting an EPS of $0.86 versus an estimate of $0.76.
Revenue was up $37.15 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 12.69% drop in the share price the next day.
Here's a look at Inter Parfums's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.88 | -0.20 | 0.68 | 0.23 |
EPS Actual | 1.10 | -0.04 | 1.20 | 0.71 |
Revenue Estimate | 240.04M | 210.80M | 262.69M | 149.01M |
Revenue Actual | 250.68M | 210.72M | 262.70M | 207.57M |
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 $3.25 and $3.25 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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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