PriceSmart Inc expected to post earnings of $1.01 a share - Earnings Preview

PriceSmart

08/07/2024 21:53

* PriceSmart Inc  PSMT.OQ   PSMT.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 10 for the
period ending May 31 2024
    * The San Diego California-based  company is expected to
report a
10.0% increase in revenue to $1.207 billion from $1.1 billion a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for PriceSmart Inc is for
earnings
of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PriceSmart
Inc is
$90.00​, above​ its last closing price of $79.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Feb. 29 2024  1.25        1.25       1.31      Beat    5.2
 Nov. 30 2024  1.12        1.09       1.24      Beat    13.8
 Aug. 31 2023  0.85        0.85       0.65      Missed  -23.5​
 May. 31 2023  0.85        0.85       1.02      Beat    20
 ​​Feb.        0.88        0.88       1.25      Beat    42
 28 2023                                                
 Nov. 30 2022  0.89        0.98       1.05      Beat    7.7​
 Aug. 31 2022  0.72        0.72       0.75      Beat    4.2
 May. 31 2022  0.80        0.81       0.62      Missed  -23
 This summary was machine generated July 8 at 20:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)