Fragrance and perfume company Inter Parfums (NASDAQ:IPAR) will be reporting results tomorrow after market close. Here’s what you need to know.

Inter Parfums met analysts’ revenue expectations last quarter, reporting revenues of $361.5 million, up 10% year on year. It was a slower quarter for the company, with a miss of analysts’ adjusted operating income and EPS estimates.

Is Inter Parfums a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Inter Parfums’s revenue to grow 1.7% year on year to $329.5 million, slowing from the 3.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.10 per share.Inter Parfums Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Inter Parfums has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Inter Parfums’s peers in the personal care segment, some have already reported their Q1 results, giving us a hint as to what we can expect. USANA delivered year-on-year revenue growth of 9.5%, beating analysts’ expectations by 2.7%, and Estée Lauder reported a revenue decline of 9.9%, topping estimates by 1.2%. USANA traded up 5.2% following the results while Estée Lauder’s stock price was unchanged.

Read our full analysis of USANA’s results here and Estée Lauder’s results here.

There has been positive sentiment among investors in the personal care segment, with share prices up 3% on average over the last month. Inter Parfums is up 9.5% during the same time and is heading into earnings with an average analyst price target of $162 (compared to the current share price of $113.02).

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

View Comments