Company News: Costco (COST) quarterly earnings beat analysts’ forecast

Market news

13 December 2019

Company News: Costco (COST) quarterly earnings beat analysts’ forecast

Costco (COST) reported Q1 FY 2020 earnings of $1.73 per share (versus $1.67 in Q1 FY 2019), beating analysts’ consensus estimate of $1.72.

The company’s quarterly revenues amounted to $37.040 bln (+5.6% y/y), slightly missing analysts’ consensus estimate of $37.395 bln.

COST closed Thursday's trading session at $297.34 (+0.69%).

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