Costco earnings fall short as consumers remain cautious with tariffs looming
Portfolio Pulse from
Costco's fiscal second quarter earnings fell short of expectations, with net income at $1.79 billion or $4.02 per share, missing the expected $4.11 per share. This has led to a pre-market decline in Costco's share price.
March 07, 2025 | 2:30 pm
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Costco's earnings for the fiscal second quarter fell short of expectations, with net income reported at $1.79 billion or $4.02 per share, compared to the expected $4.11 per share. This has resulted in a pre-market decline in the company's share price.
The earnings miss is significant as it directly impacts investor sentiment and the stock price. The pre-market decline indicates a negative short-term reaction from investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100