What To Expect From Inter Parfums's (IPAR) Q4 Earnings

Fragrance and perfume company Inter Parfums (NASDAQ:IPAR) will be reporting earnings this Tuesday after market hours. Here’s what investors should know.

Inter Parfums met analysts’ revenue expectations last quarter, reporting revenues of $429.6 million, up 1.2% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ gross margin estimates.

This quarter, the market is expecting Inter Parfums’s revenue to grow 4.2% year on year, slowing from the 10% increase it recorded in the same quarter last year.

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 multiple times over the last two years.

Looking at Inter Parfums’s peers in the personal care segment, some have already reported their Q4 results, giving us a hint as to what we can expect. e.l.f. Beauty delivered year-on-year revenue growth of 37.8%, beating analysts’ expectations by 6.4%, and Medifast reported a revenue decline of 36.9%, topping estimates by 5.2%. e.l.f. Beauty traded down 9.2% following the results while Medifast’s stock price was unchanged.

There has been positive sentiment among investors in the personal care segment, with share prices up 2.9% on average over the last month. Inter Parfums is up 5.2% during the same time and is heading into earnings with an average analyst price target of $107.40 (compared to the current share price of $103.36).

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.