Costco Wholesale Q3 2024 GAAP EPS $3.78 Beats $3.70 Estimate, Sales $58.515B Beat $58.069B Estimate
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale (NASDAQ:COST) reported Q3 2024 earnings per share (EPS) of $3.78, surpassing the analyst estimate of $3.70. The company's sales were $58.515 billion, also beating the estimate of $58.069 billion. This represents a significant year-over-year increase in both EPS and sales.
May 30, 2024 | 8:29 pm
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Costco Wholesale reported Q3 2024 EPS of $3.78, beating the analyst estimate of $3.70. Sales were $58.515 billion, also surpassing the estimate of $58.069 billion. This indicates strong financial performance and significant year-over-year growth.
Costco's better-than-expected earnings and sales figures indicate strong financial health and operational efficiency. The significant year-over-year growth in both EPS and sales is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100