Costco Wholesale Q3 2024 GAAP EPS $3.78 Beats $3.70 Estimate, Net Sales $58.52B Beat $58.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale (NASDAQ:COST) reported Q3 2024 earnings per share (EPS) of $3.78, surpassing the analyst consensus estimate of $3.70. The company also reported net sales of $58.52 billion, exceeding the estimate of $58.07 billion. This represents a 9.07% increase over the same period last year.
May 30, 2024 | 8:16 pm
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Costco Wholesale (NASDAQ:COST) reported better-than-expected Q3 2024 earnings and sales, with EPS of $3.78 beating the estimate of $3.70 and net sales of $58.52 billion surpassing the $58.07 billion estimate. This indicates strong financial performance and growth.
Costco's Q3 2024 earnings and sales both exceeded analyst expectations, indicating strong financial health and growth. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100