Costco Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Costco Wholesale Corporation (NASDAQ:COST) is expected to report Q4 earnings of $4.79 per share, up from $4.20 per year ago. Revenue is projected at $77.90 billion, compared to $72.09 billion in the year-ago period. Several analysts have maintained a Buy or Outperform rating on the stock, with price targets ranging from $550 to $640.
September 26, 2023 | 3:13 pm
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Costco is expected to report strong Q4 earnings and revenue, with several analysts maintaining positive ratings and high price targets on the stock.
The expected increase in earnings and revenue, along with the positive ratings and high price targets from analysts, suggest a positive short-term impact on Costco's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100