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31.05.2024

Company news: Costco (COST) quarterly results beat analysts’ forecasts

Costco (COST) reported Q3 FY2024 earnings of $3.78 per share (versus $3.43 per share in Q3 FY2023), beating analysts’ consensus estimate of $3.71 per share.

The company’s quarterly revenues amounted to $58.515 bln (+9.10% y/y), beating analysts’ consensus estimate of $58.160 bln.

COST fell to $801.00 (-1.76%) in pre-market trading.

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