PriceSmart will report its Q3 fiscal 2019 financial results on 10th July. If we take a look at the past, PriceSmart has done very well. In the last four quarters, the company outperformed the Zacks Consensus Estimate by an average of 20.7%.
For the current expectations, the Zacks Consensus Estimate for earnings for Q3 forecasts $0.46 per share. This can be compared to the $0.61 per share which was reported in the year-ago quarter. One thing to note is that the Zacks Consensus Estimate has remained unchanged in the past 30 days. Taking a look at revenues, the Zacks Consensus Estimate forecasts $803.8m. This figure would represent an increase of roughly 2.8% from the year-ago quarter.
PriceSmart currently has a Zacks Rank #3 and an Earnings ESP of 0.00%. These ratings show that it would quite difficult to achieve the surprise prediction at the moment.