Costco Wholesale (NASDAQ: COST) unveils its next round of earnings this Thursday, March 5. Get prepared with Benzinga's ultimate preview for Costco Wholesale's Q2 earnings.
Earnings and Revenue
Costco Wholesale EPS will likely be near $2.07 while revenue will be around $38.22 billion, according to analysts.
Costco Wholesale EPS in the same period a year ago totaled $2.01. Sales were $35.40 billion. The analyst consensus estimate would represent a 2.99% increase in the company's earnings. Sales would be up 7.98% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2020||Q4 2019||Q3 2019||Q2 2019||Q1 2019|
Over the last 52-week period, shares of Costco Wholesale are up 37.96%. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Costco Wholesale stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Costco Wholesale is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/pddo6h2t