Inter ParfumsNASDAQ: IPAR

Interparfums reported very strong financial momentum in Q3, and expects fairly good momentum in Q4 as well. Despite the solid report, Interparfums expects the market to moderate from 2025 forward, pushing down growth in the 2025 guidance into a low level. IPAR's current valuation doesn't support the slower growth.

IPAR projects modest growth for 2025, driven by its established brands and innovative product launches, including the debut of luxury Solferino line.

Interparfums, Inc. (NASDAQ:IPAR ) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Karin Daly - VP, Equity Group & IR Representative Jean Madar - Chairman & CEO Michel Atwood - CFO Conference Call Participants Hamed Khorsand - BWS Financial Oliver Chen - TD Cowen Operator Greetings, and welcome to Interparfums Inc.'s 2024 Third Quarter Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode.

Interparfums (IPAR) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.66 per share a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Inter Parfums (IPAR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

IPAR's Q3 results are likely to reflect gains from a solid fragrance market and robust sales of Roberto Cavalli and Lacoste.

Inter Parfums (IPAR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Achieves Best Quarterly Sales Performance in Company History; Reaffirms FY2024 Guidance 2024 Third Quarter Conference Call Scheduled for November 7, 2024

Inter Parfums is capitalizing on favorable market conditions with new fragrance licenses, strategic product launches and effective marketing investments.