Earnings Preview: Costco Wholesale
Portfolio Pulse from Benzinga Insights
Costco Wholesale (NASDAQ:COST) is set to release its latest quarterly earnings report on Tuesday, 2023-09-26. Analysts estimate an earnings per share (EPS) of $4.79. Last quarter, the company beat EPS by $0.14, resulting in a 4.26% increase in the share price the next day. Shares of Costco Wholesale were trading at $558.59 as of September 22, with a 52-week increase of 16.42%.
September 25, 2023 | 2:00 pm
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Costco Wholesale is expected to report an EPS of $4.79 in its upcoming earnings. Last quarter, an EPS beat led to a 4.26% increase in share price. The stock has seen a 16.42% increase over the last 52 weeks.
Costco's upcoming earnings report is highly relevant to its stock price. Last quarter, beating the EPS estimate led to a significant increase in the share price. Given the positive performance over the last 52 weeks, investors are likely to be bullish going into this earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100