Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal Year 2016 and February Sales Results
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Morgan Stanley Remains Bullish on Costco Wholesale (COST); Says FX Headwinds Drove EPS Miss
March 4, 2016 11:34 AM ESTMorgan Stanley maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $170.00 (from $179.00), following the company's 2Q earnings report. COST delivered Q2 EPS of $1.24 vs. consensus of $1.28.
Analyst Simeon Gutman commented, "Despite the headline miss, there were... More
Piper Jaffray Cuts Price target on Costco Wholesale (COST) Following a Mixed 2Q
March 4, 2016 7:02 AM ESTPiper Jaffray maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $173.00 (from $174.00), after the company reported somewhat mixed 2Q quarter results. Piper Jaffray believes that Costco is realizing benefits in merchandise margins through its improvements in... More
Cowen Remains Bullish on Costco Wholesale (COST) Despite 2Q EPS Miss
March 3, 2016 7:01 AM ESTCowen maintained an Outperform rating and $162.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 2Q earnings report. COST reported an EPS miss for 2Q, driven by higher than expected SG&A spending, and slightly lower sales.
Analyst Oliver Chen commented,... More
Costco Wholesale (COST) Misses Q2 EPS by 4c
March 3, 2016 6:48 AM ESTCostco Wholesale (NASDAQ: COST) reported Q2 EPS of $1.24, $0.04 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $28.2 billion versus the consensus estimate of $28.42 billion.
... More