Investing.com - Inter Parfums (NASDAQ:IPAR) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Inter Parfums announced earnings per share of $1.30 on revenue of $280M. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $271.24M.
Inter Parfums shares are up 4.35% from the beginning of the year, still down 26.57% from its 52 week high of $108.35 set on January 4.
Inter Parfums follows other major Consumer Staples sector earnings this month
Inter Parfums's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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