Costco Wholesale (NASDAQ:COST) reported its Q3 earnings results on Thursday, May 25, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Costco Wholesale beat estimated earnings by 0.61%, reporting an EPS of $3.31 versus an estimate of $3.29.
Revenue was up $1.05 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 2.15% drop in the share price the next day.
Here’s a look at Costco Wholesale’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.21 | 3.11 | 4.16 | 3.03 |
| EPS Actual | 3.30 | 3.10 | 4.20 | 3.17 |
| Revenue Estimate | 55.54B | 54.64B | 72.06B | 51.71B |
| Revenue Actual | 55.27B | 54.44B | 72.09B | 52.60B |
To track all earnings releases for Costco Wholesale visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
