Costco Earnings Surpass Expectations by $0.21, Revenue Misses Estimates

Costco reported its fourth-quarter earnings with an EPS of $5.29, exceeding the analyst estimate of $5.08 by $0.21. The company’s revenue for the quarter was recorded at $79.7 billion, slightly below the consensus estimate of $79.93 billion.

Costco’s stock closed at $901.79, reflecting a 6.09% increase over the past three months and a substantial 63.66% rise over the last year.

In the past 90 days, Costco has experienced 10 positive and 2 negative revisions to its EPS estimates.

According to financial assessments, Costco’s overall financial health is rated as “great performance.”

For those interested, stay informed about upcoming earnings reports through reliable financial news sources.