PriceSmart Inc reports results for the quarter ended in May - Earnings Summary

PriceSmart

11/07/2022 22:01

* PriceSmart Inc  PSMT.OQ  reported quarterly adjusted
earnings of
62 cents​​ per share for the quarter ended in May. The mean
expectation of two analysts for the quarter was for earnings of
81 cents per share.
    * Revenue rose 15.1% to $1.03 billion from a year ago; 
analysts
expected $951.87 million. 
    * PriceSmart Inc's reported EPS for the quarter was 62
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * PriceSmart Inc shares had risen by 1.5% this quarter and
lost 0.6% so far this year.
    * The company reported quarterly net income of $19.26
million.
    * Wall Street's median 12-month price target for PriceSmart
Inc is
$95.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated July 11 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated