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Costco announced earnings per share of $2.98 on revenue of $49.42B. Analysts polled by Investing.com anticipated EPS of $2.59 on revenue of $48.94B.
Costco shares are up 39% from the beginning of the year, still down 6.50% from its 52 week high of $560.78 set on November 29. They are outperforming the Nasdaq which is up 20.4% from the start of the year.
Costco shares gained 0.67% in after-hours trade following the report.
Costco’s report follows an earnings beat by Walmart on November 16, who reported EPS of $1.45 on revenue of $140.53B, compared to forecasts EPS of $1.4 on revenue of $135.43B.
Alimentation Couchen A had missed expectations on November 23 with second quarter EPS of $0.65 on revenue of $14.22B, compared to forecast for EPS of $0.67 on revenue of $11,248M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
