Costco Q3 Earnings Preview: Analyst Estimates, Foot Traffic Data, Membership Fee Increase Eyed By Investors
Portfolio Pulse from Chris Katje
Costco Wholesale Corporation (NASDAQ:COST) is set to report its Q3 earnings on May 30. Analysts expect revenue of $58.07 billion and EPS of $3.70. Key items to watch include foot traffic data, potential membership fee increases, and market share gains. Analysts have given mixed ratings but generally positive price targets.
May 29, 2024 | 6:33 pm
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Costco is expected to report strong Q3 earnings with revenue of $58.07 billion and EPS of $3.70. Foot traffic data shows significant gains, and a potential membership fee increase could boost investor sentiment.
Analysts expect strong revenue and EPS growth for Costco. Foot traffic data indicates increased consumer interest, and a potential membership fee hike could further enhance profitability. Positive analyst ratings and price targets also suggest a favorable outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100