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.

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.