EARNINGS REPORT
COCOSTKEEP AN EYE
Costco earns more, but sales come up short
Costco made $6.75 per share last quarter, a bit above the $6.54 investors expected. But revenue of about $94 billion landed just under target. The stock rose almost 3% on the day.
What would change this — A fresh quarterly filing showing revenue climbing back above expectations, or a shift in company insiders buying or selling shares, would make us rethink this stance.
Wall Street sits mostly neutral to cautious with ratings like Hold and Sector Perform, and Orin is also holding for now.Full analysis →