Costco Prepares For Q3 Earnings Release: Comparable Sales And Market Challenges Draw Investor Attention

Costco Wholesale Corporation COST is set to announce its third-quarter results Thursday after market close, here's what to expect. The Street's con...

May 24, 2023
7:46 PM

Costco Wholesale Corporation COST is set to announce its third-quarter results Thursday after market close, here's what to expect. The Street's consensus is an expectation of $3.30 earnings per share, marking a match with the previous quarter's earnings. On the revenue front, analysts anticipate a tally of $54.64 billion. In comparison to the last quarter, where the company reported revenues of $55.266 billion falling below the expected $55.54 billion, the Q3 forecast represents a subtle dip. Despite beating a Street estimate for earnings last quarter, investors dragged the stock down 2.

AJ Fabino