* PriceSmart Inc reported quarterly adjusted earnings of 94 cents per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of three analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from $1.01 to $1.07 per share.
* Revenue rose 9.6% to $1.23 billion from a year ago; analysts expected $1.22 billion.
* PriceSmart Inc's reported EPS for the quarter was 94 cents.
* The company reported quarterly net income of $29.07 million.
* PriceSmart Inc shares had fallen by 1.6% this quarter and gained 20.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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," 1 "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 $90.00 This summary was machine generated from LSEG data October 31 at 02:34 a.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
Aug. 31 2024 1.03 0.94 Missed
May. 31 2024 1.01 1.08 Beat
Feb. 29 2024 1.25 1.31 Beat
Nov. 30 2023 1.09 1.24 Beat
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