Pricesmart Q3 EPS $0.94 Beats $0.85 Estimate, Sales $1.07B Miss $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Pricesmart reported Q3 earnings of $0.94 per share, beating the analyst consensus estimate of $0.85 by 10.59%. This is a 51.61% increase from the same period last year. However, the company's quarterly sales of $1.07 billion missed the analyst consensus estimate of $1.10 billion by 2.70%. This is a 3.81% increase from the same period last year.
July 10, 2023 | 8:02 pm
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Pricesmart's Q3 earnings beat estimates but sales missed. This mixed result could lead to uncertain market reactions.
Pricesmart's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results could lead to an uncertain market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100