Pricesmart: Q1 Earnings Insights

Pricesmart PSMT reported its Q1 earnings results on Tuesday, January 9, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Pricesmart beat estimated earnings by 13.76%, reporting an EPS of $1.24 versus an estimate of $1.09.

Revenue was up $111.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.2 which was followed by a 12.81% drop in the share price the next day.

Here's a look at Pricesmart's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.85 0.85 0.88 0.97
EPS Actual 0.65 1.02 1.25 1.05
Revenue Estimate 1.10B 1.10B 1.13B 1.08B
Revenue Actual 1.12B 1.10B 1.14B 1.05B

To track all earnings releases for Pricesmart visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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