Earnings Forecast Research on Costco Wholesale Corporation (COST)

Costco Wholesale Corporation has received $1.35 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 12 Financial Advisor in the Stock Trading Firms. Among 12 Analysts, Bottom line EPS Estimate for the current quarter is $1.3 while the top line estimate is $1.38 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 8.53%.

Costco Wholesale Corporation results fell short with a surprise EPS of -1.68% or $-0.02. The Actual EPS was $1.17 compared to the Estimated EPS of $1.19 during its most recent quarterly earnings. Issaquah based Costco Wholesale Corporation Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Mar 02, 2017.

Costco Wholesale Corporation has a Price to Earnings ratio of 30.12 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.86. For the Most Recent Fiscal Year, Costco Wholesale Corporation has a price to cash ratio of 19.84. For the Trailing twelve month period, company showed a Net Profit Margin of 2.02% and Return on Equity of the stock is 20.06%.

In the last quarter, Costco Wholesale Corporation reported Annual Earnings of $1.17. Based on the filings, last years Annual Earnings was, $5.33. In the last Quarter, COST reported a surprise Earnings per Share of -1.68% . The consensus estimate for current quarter is $1.35 and for the current fiscal year, the estimate is $5.88. For the Next fiscal year, the estimate is $6.53 based on the consensus.

Costco Wholesale Corporation (NASDAQ:COST) : On Tuesday heightened volatility was witnessed in Costco Wholesale Corporation (NASDAQ:COST) which led to swings in the share price. The stock opened for trading at $162.49 and hit $164 on the upside , eventually ending the session at $163.95, with a gain of 0.43% or 0.7 points. The heightened volatility saw the trading volume jump to 1,796,595 shares. The 52-week high of the share price is $169.59 and the company has a market cap of $72,013 million. The 52-week low of the share price is at $138.57 .

Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. This rapid inventory turnover enables Costco to operate profitably at significantly lower gross margins than traditional wholesalers, discount retailers and supermarkets.


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