PriceSmart Inc reports results for the quarter ended November 30 - Earnings Summary

Reuters01-09 06:02
PriceSmart Inc reports results for the quarter ended November 30 - Earnings Summary
  • PriceSmart Inc PSMT.OQ reported quarterly adjusted earnings of $1.21​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of $1.24. The mean expectation of three analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from $1.20 to $1.43 per share.

  • Revenue rose 7.8% to $1.26 billion from a year ago; analysts expected $1.24 billion.

  • PriceSmart Inc's reported EPS for the quarter was $1.21​.

  • PriceSmart Inc shares had risen by 0.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 12.2% 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 $100.00

This summary was machine generated from LSEG data January 8 at 10:01 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

Nov. 30 2024

1.31

1.21

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

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