Costco Earnings, Revenue beat In Q4

  • Investing.com
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Costco Earnings, Revenue beat In Q4
Credit: © Reuters.

Investing.com - Costco (NASDAQ: COST ) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Costco announced earnings per share of $3.9 on revenue of $62.68B. Analysts polled by Investing.com anticipated EPS of $3.56 on revenue of $61.4B.

Costco shares are up 20% from the beginning of the year and are trading at $448.97 , down-from-52-week-high.They are outperforming the Nasdaq which is up 16.79% from the start of the year.

Costco shares lost 0.76% in after-hours trade the report.

Costco follows other major Services sector earnings this month

Costco's report follows an earnings beat by Lululemon Athletica on Wednesday, September 8, 2021, who reported EPS of $1.65 on revenue of $1.45B, compared to forecasts EPS of $1.19 on revenue of $1.33B.

Dollar General had beat expectations on Thursday, August 26, 2021 with second quarter EPS of $2.69 on revenue of $8.65B, compared to forecast for EPS of $2.62 on revenue of $8.61B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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