Costco Wholesale (NASDAQ:COST) reported its Q1 earnings results on Thursday, December 9, 2021 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Costco Wholesale beat estimated earnings by 12.93%, reporting an EPS of $2.97 versus an estimate of $2.63, which surprised analysts.
Revenue was up $7,155,000,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33, which was followed by a 3.31% increase in the share price the next day.
Here’s a look at Costco Wholesale’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.57 | 2.34 | 2.45 | 2.05 |
| EPS Actual | 3.90 | 2.75 | 2.14 | 2.29 |
| Revenue Estimate | 61.30B | 43.64B | 43.78B | 42.41B |
| Revenue Actual | 62.67B | 45.28M | 44.77B | 43.21B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
