PriceSmart Announces First Quarter Results of Operations for Fiscal Year 2016 and December Sales
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Low Membership Income Hurts PriceSmart's (PSMT) 1Q - Roth Capital Cuts PT to $85
January 11, 2016 6:51 AM ESTRoth Capital Maintained a Buy rating on PriceSmart (NASDAQ: PSMT), and cut the price target to $85.00 (from $100.00), following the company's 1Q16 earnings report. Results missed on lower-than-expected warehouse club gross margin and membership income. EPS of $0.78 missed consensus of $0.83. Membership income increased 13.4% YOY, but held... More
PriceSmart (PSMT) Misses Q1 EPS by 5c
January 7, 2016 4:01 PM ESTPriceSmart (NASDAQ: PSMT) reported Q1 EPS of $0.78, $0.05 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $711.9 million versus the consensus estimate of $716.82 million.
For earnings history and earnings-related data on PriceSmart (PSMT) click here.
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