PriceSmart Inc. (PSMT) reported second quarter net income of $0.82 per share after the bell Tuesday, up from $0.67 per share last year. The consensus estimate was for EPS of $0.77.
PriceSmart gapped up Wednesday and has continued to rise in early trade. The stock is currently higher by 5.45 at $85.66. PriceSmart is now challenging resistance at the highs of the year, trading at over a 5-month high.
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