Top Wall Street Forecasters Revamp Costco Expectations Ahead Of Q4 Earnings

Costco Wholesale Corporation (NASDAQ: COST) is set to release its Q4 earnings report on September 24, with analysts predicting earnings of $6.53 per share, an increase from $5.87 per share in the previous year. The expected quarterly revenue is $94.89 billion, up from $86.16 billion last year. Costco's shares rose 0.02% to close at $893.93, while various analysts have adjusted their price targets, with Oppenheimer maintaining a target of $1,160 and B of A Securities lowering theirs from $1,200 to $1,095.