Costco Wholesale Corporation Reports First Quarter Fiscal Year 2016 Operating Results

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Buy Costco (COST) on Weakness – Morgan Stanley

December 10, 2015 1:23 PM EST

Morgan Stanley reiterated an Overweight rating and $179.00 price target on Costco Wholesale (NASDAQ: COST). The stock is now 6% off of its recent highs, the business is performing well and Morgan Stanley thinks that Q1 results may have been misunderstood. On the surface, membership income missed... More

BMO Capital Maintains Bullish View on Costco (COST) Despite Q1 EPS Miss

December 9, 2015 9:05 AM EST

BMO Capital reiterated an Outperform rating on Costco Wholesale (NASDAQ: COST), with a price target of $175.00, following the company's 1Q earnings report. COST reported EPS of $1.09, which was 8 cents below the Consensus of $1.17. However, BMO Capital believes Costcos low GM% (12% ex-fuel) combined with product... More

Costco (COST) PT Raised to $174 at Piper Jaffray as Gross Margins Remain Strong

December 9, 2015 6:54 AM EST

Piper Jaffray reiterated an Overweight rating on Costco Wholesale (NASDAQ: COST), and raised the price target to $174.00 (from $171.00), following the company's 1Q earnings report. EPS of $1.09/shr fell short of the consensus estimate at $1.17, largely due to lighter membership fee income, deleverage in SG&A expense and higher tax rate. Gross... More

Costco Wholesale (COST) Misses Q1 EPS by 8c

December 9, 2015 6:09 AM EST

Costco Wholesale (NASDAQ: COST) reported Q1 EPS of $1.09, $0.08 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $26.63 billion versus the consensus estimate of $27.65 billion.

Comps rose 6 percent.

For earnings history and earnings-related data on Costco Wholesale (COST) click here.

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