PriceSmart (Nasdaq: PSMT) reported earnings on April 4. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Feb. 29 (Q2), PriceSmart beat expectations on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share increased.

Margins dropped across the board.

Revenue details
PriceSmart reported revenue of $549.8 million. The four analysts polled by S&P Capital IQ wanted to see a top line of $532.8 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $447.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.67. The five earnings estimates compiled by S&P Capital IQ anticipated $0.69 per share. GAAP EPS of $0.67 for Q2 were 12% higher than the prior-year quarter's $0.60 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 15.5%, 30 basis points worse than the prior-year quarter. Operating margin was 5.5%, 50 basis points worse than the prior-year quarter. Net margin was 3.7%, 30 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $511.2 million. On the bottom line, the average EPS estimate is $0.62.

Next year's average estimate for revenue is $2.05 billion. The average EPS estimate is $2.39.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 456 members out of 473 rating the stock outperform, and 18 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 109 give PriceSmart a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PriceSmart is buy, with an average price target of $70.75.

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