Inter Parfums (IPAR) stock surged 5.03% in intraday trading on Wednesday, following the company's better-than-expected fourth-quarter earnings results and an optimistic outlook for 2025.
The French fragrance maker reported that its Q4 adjusted earnings per share came in at $0.82, surpassing analysts' consensus estimate of $0.77. Net sales for the quarter also topped forecasts, reaching $361.5 million compared to the expected $361.5 million.
The company maintained its upbeat guidance for 2025, projecting earnings per share of $5.35 and sales of $1.51 billion, in line with analysts' expectations. The strong performance and positive outlook were driven by the successful launch of Lacoste fragrances, which contributed to Inter Parfums' profitable growth in 2024, according to CEO Philippe Benacin.
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