Inter Parfums Profit In Line With Estimate

(RTTNews) - Fragrance company Inter Parfums Inc (IPAR) Monday reported third-quarter net earnings of $11 million or $0.36 per share compared with $7.9 million or $0.25 per share last year.

Revenues for the quarter were $134 million compared with $126.8 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.36 per share for the quarter. Analysts' estimates typically exclude special items.

For the full year, the company still expects earnings of $0.93 to $0.95 per share on revenues of $495 million. Analysts expect earnings of $0.93 per share on revenues of $493 million.