What Is In The Store For PriceSmart ($PSMT) Q4 2024 Earnings?

PriceSmart's (NASDAQ: PSMT) fourth quarter financial results release is scheduled for Wednesday 30th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

Wall Street financial analysts are foreseeing that the establishment is likely to announce an estimated per share $1.03 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.22 billion during the quarter.

Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.65. This figure was attributed to the company's total revenue, which reached an impressive $1.12 billion during that same period.

According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $4.89 billion. Additionally, they forecast the earnings per share to hit profit of $4.64 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q3 2024 $1.08 +5.9% 1.23 B +12.0%
Q2 2024 $1.31 +4.8% 1.29 B +13.1%
Q1 2024 $1.24 +18.1% 1.17 B +10.5%
Q4 2023 $0.65 -13.3% 1.12 B +9.5%
Q3 2023 $1.02 +64.5% 1.10 B +6.4%
*Growth on year-over-year basis

 

In addition, The firm will review the fourth quarter financial results on 31st October 2024 at 12:00 PM eastern time, in a conference call with public.

During Monday's trading, PriceSmart (PSMT) shares reached a low of $91.09 and a high of $93.01, along with a total volume of 136.20 thousand shares. The stock ended the regular trading session at $91.15, indicating decrease of 0.6 percent.

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