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Inter Parfums: 4Q Earnings Snapshot

NEW YORK (AP) _ Inter Parfums Inc. (IPAR) on Monday reported fourth-quarter net income of $8.2 million.

On a per-share basis, the New York-based company said it had net income of 26 cents.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share.

The perfume maker posted revenue of $177.8 million in the period.

For the year, the company reported profit of $60.2 million, or $1.90 per share. Revenue was reported as $713.5 million.

Inter Parfums shares have decreased 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $62.38, a decline of 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IPAR at https://www.zacks.com/ap/IPAR