PriceSmart (PSMT) Misses Q3 EPS by 18c, Revenue Beat

PriceSmart (NASDAQ: PSMT) reported Q3 EPS of $0.62, $0.18 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $951.87 million.

Comparable net merchandise sales increased 12.8% over last year, even after taking into account a negative currency impact of 2.2%. Once again, our Membership base set a new record, with a base of over 1.75 million accounts.

For earnings history and earnings-related data on PriceSmart (PSMT) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Independent Bank receives regulatory approval for HCB Financial acquisition
• Investing.com’s stocks of the week