Inter Parfums profit misses estimates
Fourth-quarter net income fell to $4.1 million, or 13 cents a share, compared with $6.2 million, or 20 cents a share, a year ago.
Analysts, on average, were expecting earnings of 15 cents a share, according to Thomson Reuters I/B/E/S.
Sales, which were pre-announced in January, rose 68 percent to $189.1 million compared with analysts' estimates of $177.8 million.
For 2012, the company, which sells brands such as Lanvin, Jimmy Choo, Van Cleef & Arpels, expects to earn $1.16 a share on sales of $625 million .
Analysts were expecting earnings of $1.18 a share on sales of $633.3 million.
Shares of the New York-based company closed at $16.36 on Monday on the Nasdaq. (Reporting by Chris Jonathan Peters in Bangalore; Editing by Supriya Kurane)
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