Posted 2/12/2024, 10:45:20 PM
Costco Stock Slips Despite Dow Gains; EPS and Revenue Growth Expected
- Costco (COST) stock fell 0.14% despite gains in the Dow and losses in the S&P 500 and Nasdaq on the day
- Costco stock has risen 5.88% in the past month, less than the sector and S&P 500
- Earnings per share for Costco are expected to grow 8.79% year-over-year to $3.59 next quarter
- Revenue for Costco is predicted to rise 6.9% year-over-year to $59.08 billion next quarter
- Costco trades at a premium valuation compared to industry averages based on forward P/E and PEG ratios