Pricesmart Q2 Earnings Preview

Don't be caught off-guard: Pricesmart PSMT releases its next round of earnings Thursday. Want to skip the homework and get all the facts in one place? We thought so.

Here is your everything-that-matters guide for Thursday's Q2 earnings announcement after the bell.

Earnings and Revenue

Analysts covering Pricesmart modeled for quarterly EPS of 74 cents per share on revenue of $836 million.

In the same quarter last year, Pricesmart reported earnings per share of 90 cents on sales of $793.2 million. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 17.78 percent. Revenue would be up 5.39 percent from the same quarter last year.

Here's how the Pricesmart's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.85 0.73 0.67 0.92
EPS Actual 0.74 0.64 0.62 0.9

 

Stock Performance

Over the last 52-week period, shares are down 8.86 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts have been rating Pricesmart stock as Neutral. The strength of this rating has maintained conviction over the past three months.

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