Costco Earnings Beat Expectations at $0.26, But Profits Fall Short

According to Costco's (NASDAQ: COST) report, the earnings per share for the first quarter was $4.04, exceeding analysts' expectations of $3.78 by $0.26. The reported revenue for this quarter was $62.15 billion, while analyst expectations were at $62.33 billion.

Costco shares closed the day at $988.39, indicating a 7.90% gain over the past three months. The stock has risen by 57.46% over the last 12 months. In the past 90 days, Costco experienced one positive earnings per share and 13 negative earnings per share. You can examine how Costco's stock price reacted to past earnings reports here. According to InvestingPro, Costco's financial health score is rated as "Good performance." You can review the latest earnings reports and all financial information about Costco here. Stay updated on all developments related to financial statements by visiting Investing.com’s Earnings Calendar.