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Costco (COST - Free Report) just released its third-quarter fiscal 2018 financial results, posting adjusted earnings of $1.70 per share and revenues of $32.36 billion.
Costco is currently a Zacks Rank #3 (Hold), which is subject to change based on today’s results. Shares of Costco are up 10.65% during the last year and have popped 2.9% in the last 4 weeks. The company’s stock did dip 0.70% on Thursday to hit $198.24 per share prior to the release of its quarterly earnings results.
Costco stock is currently down 1.76% to $194.75 per share in after-hours trading shortly after its earnings report was released.
COST:
Beat earnings estimates. The company posted adjusted earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.51 per share.
Beat revenue estimates. The company saw revenue figures of $32.36 billion, beating our consensus estimate of $31.74 billion.
Costco saw its quarterly revenues climb by roughly 12% from year-ago period. The wholesale retail giant’s e-commerce sales surged 36.8%.
Here’s a graph that looks at COST’s Price, Consensus and EPS Surprise history:
Costco Wholesale Corporation Price, Consensus and EPS Surprise
Check back later for our full analysis on COST’s earnings report!
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Costco (COST) Beats Q3 Earnings & Revenue Estimates, E-Commerce Sales Up 36.8%
Costco (COST - Free Report) just released its third-quarter fiscal 2018 financial results, posting adjusted earnings of $1.70 per share and revenues of $32.36 billion.
Costco is currently a Zacks Rank #3 (Hold), which is subject to change based on today’s results. Shares of Costco are up 10.65% during the last year and have popped 2.9% in the last 4 weeks. The company’s stock did dip 0.70% on Thursday to hit $198.24 per share prior to the release of its quarterly earnings results.
Costco stock is currently down 1.76% to $194.75 per share in after-hours trading shortly after its earnings report was released.
COST:
Beat earnings estimates. The company posted adjusted earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.51 per share.
Beat revenue estimates. The company saw revenue figures of $32.36 billion, beating our consensus estimate of $31.74 billion.
Costco saw its quarterly revenues climb by roughly 12% from year-ago period. The wholesale retail giant’s e-commerce sales surged 36.8%.
Here’s a graph that looks at COST’s Price, Consensus and EPS Surprise history:
Costco Wholesale Corporation Price, Consensus and EPS Surprise
Costco Wholesale Corporation Price, Consensus and EPS Surprise | Costco Wholesale Corporation Quote
Check back later for our full analysis on COST’s earnings report!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>