This article was originally published on May 27, 2022. It has been modified with updated information.
September 23, 11:47 AM
Costco Wholesale Corporation (NASDAQ: COST) Thursday reported revenues of $72.09 billion, topping Street expectations. However, the company’s gross margins contracted by around 80 basis points to 10.18%. BofA Securities on Costco Wholesale
September 23, 9:25 AM
Truist Securities analyst Scot Ciccarelli maintains Costco Wholesale (NASDAQ:COST) with a Buy and lowers the price target from $571 to $559.
Costco Wholesale, Credit Suisse And Some Other Big Stocks Moving Lower In Today’s Pre-Market Session
September 23, 6:30 AM
U.S. stock futures traded lower this morning after recording losses in the previous session. Here are some big stocks moving lower in today’s pre-market trading session.
September 23, 5:10 AM
Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised its policy rate by 75 basis points for the third time.
September 22, 4:16 PM
Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $4.20 per share which beat the analyst consensus estimate of $4.16 by 0.96 percent. This is a 7.69 percent increase over earnings of $3.90 per share from the
September 22, 2:30 PM
There are good days and bad days to be announcing earnings. When the market is good, investors are in buying mode. When the market has a bad day, investors do not have the same appetite for risk. As of Thursday afternoon, the markets are leaning to the downside.