For the quarter ended August 2024, Costco (COST) reported income of $79.7 billion, up 1% over the identical interval final 12 months. EPS got here in at $5.15, in comparison with $4.86 within the year-ago quarter.
The reported income represents a shock of -0.07% over the Zacks Consensus Estimate of $79.75 billion. With the consensus EPS estimate being $5.05, the EPS shock was +1.98%.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s value efficiency extra precisely.
Right here is how Costco carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Comparable gross sales – Complete Firm: 5.4% versus 5.5% estimated by 9 analysts on common.
- Modifications in comparable gross sales excluding the impression of modifications in foreign-currency and gasoline costs – Complete Firm: 6.9% versus the eight-analyst common estimate of 6.1%.
- Variety of warehouses – Complete worldwide: 891 versus the seven-analyst common estimate of 890.
- Comparable gross sales – U.S. 5.3% versus the five-analyst common estimate of 4.9%.
- Modifications in comparable gross sales excluding the impression of modifications in foreign-currency and gasoline costs – U.S. 6.3% versus 5.4% estimated by 5 analysts on common.
- Modifications in comparable gross sales excluding the impression of modifications in foreign-currency and gasoline costs – Canada: 7.9% versus 6.6% estimated by 5 analysts on common.
- Modifications in comparable gross sales excluding the impression of modifications in foreign-currency and gasoline costs – Different Worldwide: 9.3% versus 7.8% estimated by 5 analysts on common.
- Comparable gross sales – Canada: 5.5% versus the four-analyst common estimate of 5.9%.
- Variety of warehouses – United States and Puerto Rico: 614 versus the four-analyst common estimate of 613.
- Comparable gross sales – Different Worldwide: 5.7% versus the four-analyst common estimate of 6.6%.
- Income- Membership charges: $1.51 billion versus the 10-analyst common estimate of $1.55 billion. The reported quantity represents a year-over-year change of +0.2%.
- Income- Web Gross sales: $78.19 billion in comparison with the $78.19 billion common estimate based mostly on 10 analysts. The reported quantity represents a change of +1% 12 months over 12 months.
View all Key Company Metrics for Costco here>>>
Shares of Costco have returned +2.3% over the previous month versus the Zacks S&P 500 composite’s +1.7% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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