Company News: Costco (COST) quarterly earnings miss analysts’ expectations

Market news

5 March 2021

Company News: Costco (COST) quarterly earnings miss analysts’ expectations

Costco (COST) reported Q2 FY 2021 earnings of $2.14 per share (versus $2.10 per share in Q2 FY 2020), missing analysts’ consensus estimate of $2.31 per share.

The company’s quarterly revenues amounted to $44.769 bln (+14.6% y/y), beating analysts’ consensus estimate of $43.714 bln.

COST fell to $316.10 (-0.92%) in pre-market trading.

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