Apr. 9 at 4:20 PM
$PSMT
- It seems likely that PriceSmart, Inc. (PSMT) stock price will go down after today's earnings report, given recent misses and downward revisions in estimates.
- Analysts expect Q2 2025 earnings of
$1.41 per share, down from an earlier
$1.51, suggesting potential challenges.
- The stock has already declined 6.3% recently, from
$87.93 on March 31, 2025, to
$82.40 today, possibly reflecting market caution.
- Today, PriceSmart announced a leadership change, with Robert Price stepping down as Interim CEO and David Price becoming CEO in September, which might offer some stability but is unlikely to offset earnings impact.