Costco Wholesale Corp reports results for the quarter ended May 31 - Earnings Summary
Costco Wholesale Corp reports results for the quarter ended May 31 - Earnings Summary
Costco Wholesale Corp COST.OQ reported quarterly adjusted earnings of $4.93 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $4.28. The mean expectation of twenty nine analysts for the quarter was for earnings of $4.93 per share. Wall Street expected results to range from $4.75 to $5.27 per share.
Revenue rose 11.6% to $70.53 billion from a year ago; analysts expected $69.81 billion.
Costco Wholesale Corp's reported EPS for the quarter was $4.93.
The company reported quarterly net income of $2.19 billion.
Costco Wholesale Corp shares had risen by 0.7% this quarter and gained 16.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is also "buy"
Wall Street's median 12-month price target for Costco Wholesale Corp is $1,100.00, about 8.8% above its last closing price of $1,003.69
This summary was machine generated from LSEG data May 28 at 09:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 4.93 | 4.93 | Met |
Feb. 28 2026 | 4.56 | 4.58 | Beat |
Nov. 30 2025 | 4.27 | 4.50 | Beat |
Aug. 31 2025 | 5.80 | 5.87 | Beat |
Recent news on Costco Wholesale
See all newsCorrected: EXCLUSIVE-SPS Commerce explores sale amid activist pressure, sources say
SPS Commerce explores sale amid activist pressure, sources say
Target investors reject proposal for independent board chair, support rises but stays below majority
Refile: Target investors reject proposal for independent board chair, sources say
BofA double upgrades Demant on Zeal upside, market outlook