Inter Parfums: Q2 Earnings Insights - Inter Parfums (NASDAQ:IPAR)

Inter Parfums 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.

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.

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).

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.