Inter Parfums (IPAR) Tops Q2 EPS by 1c

Inter Parfums (NASDAQ: IPAR) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $117.2 million versus the consensus estimate of $116.16 million.

2016 Guidance Affirmed

Mr. Greenberg concluded by saying, “We continue to expect 2016 net sales to be in the range of $500 million to $510 million. Excluding the impact of the previously reported tax settlement, we are on track to meet our net income attributable to Inter Parfums, Inc. goal of between $1.05 and $1.10 per diluted share; inclusive of the tax settlement, we expect net income attributable to Inter Parfums, Inc. to come in between $1.01 and $1.06 per diluted share.” Guidance assumes the dollar remains at current levels.

For earnings history and earnings-related data on Inter Parfums (IPAR) click here.

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