Pricesmart (NASDAQ: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.
