Inter Parfums Q2 Sales $342.000M Beat $337.711M Estimate
Portfolio Pulse from Benzinga Newsdesk
Inter Parfums (NASDAQ:IPAR) reported Q2 sales of $342 million, surpassing the analyst consensus estimate of $337.711 million by 1.27%. This marks a 10.59% increase from the same period last year.
July 22, 2024 | 8:38 pm
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Inter Parfums reported Q2 sales of $342 million, beating the analyst estimate of $337.711 million by 1.27%. This represents a 10.59% increase from the same period last year, indicating strong performance.
The company's ability to surpass sales estimates and show significant year-over-year growth is a positive indicator for investors. This performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100