Company news: Costco's (COST) quarterly earnings top analysts’ estimates

Costco (COST) reported Q4 FY2024 earnings of $5.15 per share (versus $4.86 per share in Q4 FY2023), beating analysts’ consensus estimate of $5.08 per share.

The company’s quarterly revenues amounted to $79.697 bln (+1.0% y/y), slightly missing analysts’ consensus estimate of $79.911 bln.

COST fell to $890.00 (-1.27%) in pre-market trading.