Costco Stock Slides On Q4 Earnings: What You Need To Know

Costco Wholesale Corp COST reported fiscal fourth-quarter financial results after the bell. Here's a rundown of the report:

Q4 Earnings Highlights: Costco reported fourth-quarter revenue of $72.09 billion, which beat average analyst estimates of $72.06 billion, according to data from Benzinga Pro. The company's top-line results were up 15.2% compared to the prior year's quarter. 

Costco reported fourth-quarter earnings of $4.20 per share, which beat average analyst estimates of $4.16 per share. Costco's quarterly earnings were up from $3.76 year-over-year. 

Comparable sales in the U.S. jumped 15.8% year-over-year, while international comps increased 2.9%.

Costco will hold a conference call to discuss its results at 5 p.m. ET. 

See Also: Why It's A Bad Day For Costco To Report Q4 Earnings

COST Price Action: Costco has a 52-week high of $612.27 and a 52-week low of $406.51.

The stock was down 2.91% in after-hours at $473 at the time of publication.

Photo: Mike Mozart from Flickr.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceAfter-Hours CenterMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!