Inter Parfums, Inc. (NASDAQ:IPAR) will be announcing its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Inter Parfums has set its FY17 guidance at $1.25-1.27 EPS.

Inter Parfums (NASDAQ:IPAR) last issued its quarterly earnings results on Monday, August 7th. The company reported $0.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.02. The company had revenue of $129.10 million for the quarter, compared to analysts’ expectations of $122.57 million. Inter Parfums had a return on equity of 8.12% and a net margin of 7.14%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 earnings per share. On average, analysts expect Inter Parfums to post $1.3 EPS for the current fiscal year and $1.44 EPS for the next fiscal year.

Shares of Inter Parfums, Inc. (NASDAQ IPAR) opened at 46.30 on Wednesday. The stock has a market capitalization of $1.44 billion, a PE ratio of 35.89 and a beta of 1.76. Inter Parfums, Inc. has a 52 week low of $29.40 and a 52 week high of $46.80. The company has a 50-day moving average price of $41.86 and a 200 day moving average price of $38.27.

The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date was Thursday, September 28th. Inter Parfums’s dividend payout ratio (DPR) is presently 52.31%.

In related news, CFO Russell Greenberg sold 2,500 shares of the business’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $39.10, for a total transaction of $97,750.00. Following the transaction, the chief financial officer now directly owns 5,500 shares in the company, valued at approximately $215,050. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Torres Robert Bensoussan sold 6,000 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $42.09, for a total value of $252,540.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,750 shares of company stock worth $480,483. 45.40% of the stock is owned by company insiders.

ILLEGAL ACTIVITY NOTICE: “Inter Parfums, Inc. (IPAR) Scheduled to Post Quarterly Earnings on Wednesday” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/11/01/inter-parfums-inc-ipar-scheduled-to-post-quarterly-earnings-on-wednesday.html.

A number of equities research analysts have weighed in on IPAR shares. Zacks Investment Research raised Inter Parfums from a “hold” rating to a “strong-buy” rating and set a $43.00 target price for the company in a research report on Thursday, July 20th. BidaskClub raised Inter Parfums from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $45.00 price target (up from $42.00) on shares of Inter Parfums in a research report on Thursday, August 10th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $44.50.

About Inter Parfums

Inter Parfums, Inc operates in the fragrance business. The Company manufactures, markets and distributes an array of fragrance and fragrance related products. It operates through two segments: European based operations and United States based operations. The European Operations segment produces and distributes its fragrance products under license agreements with brand owners.

Earnings History for Inter Parfums (NASDAQ:IPAR)

Receive News & Ratings for Inter Parfums Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inter Parfums Inc. and related companies with MarketBeat.com's FREE daily email newsletter.