Inter Parfums (NASDAQ:IPAR) issued its quarterly earnings results on Tuesday. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03, Briefing.com reports. Inter Parfums had a return on equity of 8.06% and a net margin of 7.13%. The firm had revenue of $149.50 million for the quarter, compared to analysts’ expectations of $147.98 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. Inter Parfums updated its FY18 guidance to approx $1.44 EPS.
Shares of Inter Parfums (NASDAQ IPAR) opened at $47.00 on Wednesday. The stock has a market capitalization of $1,489.17, a PE ratio of 35.11, a P/E/G ratio of 2.72 and a beta of 1.70. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.54 and a current ratio of 3.39. Inter Parfums has a 1-year low of $33.72 and a 1-year high of $48.35.
In related news, CFO Philippe Santi sold 600 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $43.86, for a total transaction of $26,316.00. Following the sale, the chief financial officer now owns 600 shares of the company’s stock, valued at approximately $26,316. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Russell Greenberg sold 7,595 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $47.59, for a total value of $361,446.05. Following the sale, the chief financial officer now directly owns 5,000 shares in the company, valued at approximately $237,950. The disclosure for this sale can be found here. Insiders have sold a total of 17,395 shares of company stock worth $814,382 in the last three months. 45.40% of the stock is currently owned by insiders.
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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.
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