05:03 AM EDT, 05/08/2024 (MT Newswires) -- Inter Parfums ( IPAR ) reported Q1 earnings Tuesday of $1.27 per diluted share, down from $1.68 a year earlier.

Four analysts polled by Capital IQ expected $1.54.

Revenue for the quarter ended March 31 was $324 million, compared with $311.7 million a year earlier.

Four analysts surveyed by Capital IQ expected $328.7 million.

The company expects 2024 EPS of $5.15, in line with the consensus estimate of three analysts polled by Capital IQ. Revenue for the year is projected to be $1.45 billion. Four analysts surveyed by Capital IQ expect $1.45 billion.

Meanwhile, Inter Parfums ( IPAR ) maintained a quarterly cash dividend of $0.75 per share, payable June 28 to shareholders of record on June 14.

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