Costco Stock Dips Despite Upcoming Earnings Beat
• Costco (COST) stock declined 0.96% despite market improvement
• Costco expected to report Q4 EPS of $3.56, up 7.88% year-over-year
• Costco Q4 revenue estimate is $58.81 billion, a 6.42% increase
• Full-year consensus estimates call for EPS of $15.78, up 7.42%, and revenue of $252.73 billion, up 4.31%
• Costco trades at a premium valuation compared to industry average P/E and PEG ratios