Costco Wholesale Corporation is drawing heightened investor attention, with its shares returning +5.1% over the past month versus the Zacks S&P 500 composite's +1.3% change. The company is expected to post earnings of $4.89 per share for the current quarter, a year-over-year change of +12.7%, and the Zacks Consensus Estimate has moved +1.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $22.87 indicates a year-over-year change of +11.8%, while the next fiscal year's estimate of $24.94 points to a +9.1% change. Revenue forecasts show a consensus sales estimate of $73.99 billion for the current quarter, up +9.9% year over year, with $328.42 billion and $351.91 billion expected for the current and next fiscal years. Costco last reported revenues of $95.72 billion, a year-over-year change of +11.1%, with EPS of $6.6 versus $5.87 a year ago, and carries a Zacks Rank #3 (Hold).
Costco Wholesale CorpEarnings estimates for the current quarter and fiscal years were revised upward, with EPS growth expected.
Costco Wholesale CorporationConsensus earnings estimates rose and the company is expected to post double-digit EPS growth.
