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PSMT
Benzinga
16 days

PriceSmart Posts Weak Earnings, Joins Roku And Other Big Stocks Moving Lower In Friday's Pre-Market Session

1. PriceSmart missed Q1 EPS estimates by $0.10, reporting $1.21 versus $1.31. 2. Shares of PriceSmart fell 3.3% in pre-market trading, reaching $90.40. 3. U.S. stock futures slightly lower, Dow futures down 0.1% on Friday.

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FAQ

Why Bearish?

The significant EPS miss typically leads to negative investor sentiment, impacting future outlook.

How important is it?

Earnings results are crucial for stock valuations and investor strategies, particularly miss announcements.

Why Short Term?

Immediate negative market reaction likely impacts PSMT's stock price in the short term.

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