PriceSmart Inc reports results for the quarter ended May 31 - Earnings Summary
PriceSmart Inc reports results for the quarter ended May 31 - Earnings Summary
PriceSmart Inc PSMT.OQ reported quarterly adjusted earnings of $1.28 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.14. The mean expectation of three analysts for the quarter was for earnings of $1.19 per share.
Revenue rose 12.5% to $1.48 billion from a year ago; analysts expected $1.43 billion.
PriceSmart Inc's reported EPS for the quarter was $1.28.
The company reported quarterly net income of $39.69 million.
PriceSmart Inc shares had fallen by 1.7% this quarter and gained 56.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is also "buy"
Wall Street's median 12-month price target for PriceSmart Inc is $147.50, about 30.1% below its last closing price of $191.95
This summary was machine generated from LSEG data July 8 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 1.19 | 1.28 | Beat |
Feb. 28 2026 | 1.55 | 1.62 | Beat |
Nov. 30 2025 | 1.35 | 1.29 | Missed |
Aug. 31 2025 | 1.06 | 1.02 | Missed |
Recent news on PriceSmart
See all newsPriceSmart Inc reports results for the quarter ended May 31 - Earnings Summary
Corrected: PriceSmart Q3 revenue, profit rise supported by new club openings
PriceSmart's Q2 revenue, net income rise on existing club growth
Brief: Pricesmart Announces 11.1% Increase To Annual Dividend And Voting Results From The 2026 Annual Meeting Of Stockholders
PriceSmart Q1 revenue rises 10%