What's Going On With Costco Shares Friday?
Portfolio Pulse from Dylan Berman
Costco's Q4 revenue missed analyst expectations, causing its stock to drop. Despite a revenue miss, EPS exceeded estimates, and comparable sales grew in all regions. Analysts adjusted price targets following the earnings report.
September 27, 2024 | 3:59 pm
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NEGATIVE IMPACT
Costco's Q4 revenue missed expectations, leading to a stock decline. EPS beat estimates, and sales grew in all regions. Analysts adjusted price targets.
Costco's revenue miss is a negative indicator, causing a stock price drop. However, EPS beat and sales growth are positive signs. Analysts' price target adjustments reflect mixed sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100