Costco Stock Rises as Analysts Boost Price Targets After Earnings

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Updated Dec. 10, 2021 9:46 americium ET / Original Dec. 10, 2021 9:14 americium ET

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Costco Wholesale bushed Wall Street estimates for fiscal first-quarter gross portion mitigating supply-chain issues and terms increases. The institution cautioned, however, connected artifact shortages for Christmas.

Total revenue, including rank fees and nett sales, was $50.36 cardinal and net were $2.97 a share. Analysts were looking for gross of $50.15 cardinal and profits of $2.67 a share. A twelvemonth earlier, Costco reported gross of $43.2 billion.


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