PriceSmart, Inc. (NASDAQ:PSMT) shopping warehouse club operator, is reporting fourth quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.60 per share.
For the full year, analysts predict revenues of $ 3324.55 million, while looking forward to income of $ 2.50 per share.
Previous Quarter Performance
PriceSmart, Inc. revealed income for the third quarter of $ 0.41 per share, from the revenue of $ 799.93 million. The quarterly earnings declined 10.87 percent while revenues swell 1.44 percent compared with the same quarter last year.
Street analysts expected PriceSmart, Inc. to report income of $ 0.26 per share on revenue of $ 693.45 million for the third quarter. The bottom line results beat street analysts by $ 0.15 or 57.69 percent, at the same time, top line results outshined analysts by $ 106.48 million or 15.36 percent.
Stock Performance
Shares of PriceSmart, Inc. traded low $ -2.06 or -2.77 percent on Wednesday, reaching $ 72.31 with volume of 155.20 thousand shares. PriceSmart, Inc. has traded high as $ 74.39 and has cracked $ 71.83 on the downward trend
According to the previous trading day, closing price of $ 72.31, representing a 80.73 % increase from the 52 week low of $ 41.15 and a 4.42 % decrease over the 52 week high of $ 77.81.
The company has a market capital of $ 2.22 billion and is part of the Consumer Defensive sector and Discount Stores industry.
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia.
