How did IPAR's Q4 earnings surprise impact its annual performance?

Interparfums (IPAR) experienced a decline in its annual net income and revenue when its Q4 earnings fell short of expectations, with the EPS surprise standing at -0.03, a decrease of 2.41% from the previous year.

|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|IPAR|IPAR.O|Interparfums|2022|37.272669435683966|1.51037E8|185|
|IPAR|IPAR.O|Interparfums|2023|24.324503267411295|1.87776E8|185|
|IPAR|IPAR.O|Interparfums|2024|8.33812627811861|2.03433E8|185|

|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|IPAR|IPAR.O|Interparfums|2022|1.086653E9|23.55124864129817|185|
|IPAR|IPAR.O|Interparfums|2023|1.317675E9|21.259960631406713|185|
|IPAR|IPAR.O|Interparfums|2024|1.452325E9|10.218756521904112|185|

This negative surprise had a significant impact on the company's annual performance, as the net income (cum) for 2024 was $203.43 million, compared to $187.78 million in 2023, indicating a decline of approximately 8.5%. Additionally, the revenue (cum) for 2024 was $1.45 billion, down from $1.32 billion in 2023, which is a decrease of approximately 9.1%. The Q4 earnings surprise thus contributed to a weaker annual performance for Interparfums.