PriceSmart (Nasdaq: PSMT) reported earnings on July 10. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 31 (Q3), PriceSmart met expectations on revenues and missed estimates on earnings per share.

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

Gross margins dropped, operating margins were steady, net margins grew.

Revenue details
PriceSmart recorded revenue of $571.7 million. The six analysts polled by S&P Capital IQ expected revenue of $573.2 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $506.8 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 $0.61. The six earnings estimates compiled by S&P Capital IQ anticipated $0.65 per share. GAAP EPS of $0.61 for Q3 were 17% higher than the prior-year quarter's $0.52 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 15.8%, 50 basis points worse than the prior-year quarter. Operating margin was 5.0%, much about the same as the prior-year quarter. Net margin was 3.2%, 10 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $588.4 million. On the bottom line, the average EPS estimate is $0.69.

Next year's average estimate for revenue is $2.30 billion. The average EPS estimate is $2.84.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 496 members out of 513 rating the stock outperform, and 17 members rating it underperform. Among 125 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give PriceSmart a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PriceSmart is hold, with an average price target of $88.00.

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