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Why Inter Parfums (IPAR) Shares Are Getting Obliterated Today

Shares of fragrance and perfume company Inter Parfums (NASDAQ:IPAR) fell 14.2% in the pre-market session after the company reported fourth-quarter results with EPS missing expectations. Though revenue beat, however, topline growth deceleration. Full year revenue guidance also fell short of expectations implying 10% growth (vs 21.9% in FY2023). Management provided some insights into the weak guidance, adding, "The political climate both in the Middle East and throughout Eastern Europe leads ...
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Source: yahoo.com

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Inter Parfums (NASDAQ:IPAR) Updates FY24 Earnings Guidance

Inter Parfums (NASDAQ:IPAR – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided earnings per share guidance of $5.15 for the period, compared to the consensus earnings per share estimate of $5.16. The company issued revenue guidance of $1.45 billion, compared to the consensus revenue estimate of $1.45 billion. Inter Parfums […]
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