Pricesmart Earnings: Your Sneak Peek to the Big Announcement

Pricesmart (NASDAQ:PSMT) will report earnings after markets close on Tuesday, April 9th. PriceSmart, Inc. owns and manages international merchandising businesses. The Company licenses and owns membership stores using the trade name PriceSmart and PriceCostco. PriceSmart’s international market consists of Latin America and Asia. The Company also operates domestic merchandising programs, including its Auto Referral Program and its Travel Program.

Here is your Cheat Sheet to Pricesmart Earnings:

Earnings Expectations: Analysts expect earnings of $0.77 per share on revenues of $613.19 million. Currently, the company’s P/E ratio stands at 32.45.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.66 to a profit $0.65. For the current year, the average estimate is a profit of $2.78, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Pricesmart has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,120 1,252 1,396 1,714 2,051
Diluted EPS ($) 1.29 1.43 1.65 2.07 2.24

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 477.45 549.83 506.77 516.69 535.29
Diluted EPS ($) 0.47 0.67 0.52 0.58 0.66

Past Performance:
Pricesmart has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]