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

PriceSmart

10/07/2023 22:01

* PriceSmart Inc  PSMT.OQ  reported quarterly adjusted
earnings of
$1.02​​ per share for the quarter ended in May. The mean
expectation of two analysts for the quarter was for earnings of
85 cents per share.
    * Revenue rose 6.4% to $1.10 billion from a year ago;
analysts
expected $1.10 billion. 
    * PriceSmart Inc's reported EPS for the quarter was 94
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 1.9% this quarter and
gained 24.2% so far this year.
    * The company reported quarterly net income of $29.57
million.
    * Wall Street's median 12-month price target for PriceSmart
Inc is
$86.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
10 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      0.85           1.02           Beat
 Feb. 28 2023      0.88           1.25           Beat
 Nov. 30 2022      0.98           1.05           Beat
 Aug. 31 2022      0.72           0.75           Beat