Costco WholesaleCOST stock rose by 3.31% on Friday after the company reported its Q4 earnings results on Thursday, September 23, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Costco Wholesale beat their estimated earnings by 9.24%, which did not surprise analysts.
Revenue was up $9,292,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.41, which was followed by a 2.38% drop in the share price the next day.
Here's a look at Costco Wholesale's past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 3.57 | 2.34 | 2.45 | 2.05 | 2.83 |
| EPS Actual | 3.90 | 2.75 | 2.14 | 2.29 | 3.13 |
| Price Change % | 3.31% | -2.38% | -0.54% | 0.62% | -1.27% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Costco Wholesale earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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