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Costco Earnings Exceed Expectations by $0.08, Revenue Surpasses Estimates
Costco recently announced its fourth-quarter earnings, reporting an earnings per share (EPS) of $4.86, which exceeded analysts’ expectations of $4.78 by $0.08. The company’s revenue for the quarter reached $78.94 billion, surpassing the consensus estimate of $77.72 billion.
The stock closed at $552.96, marking an increase of 2.71% over the last three months and 15.61% over the past year. In the past 90 days, Costco experienced 11 positive EPS revisions and 3 negative revisions.
According to recent assessments, Costco’s financial health score reflects “great performance.”
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