Costco (COST): RBC Cuts Ests Ahead of Earnings

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Nomura Securities Reiterates Buy on Costco Wholesale (COST) Following 3Q Report

May 26, 2016 9:08 AM EDT

Nomura Securities maintained a Buy rating and $185.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 3Q earnings report. Costco reported EPS of $1.24, above the consensus of $1.22. Membership fee income (MFI) rose 5.8% to $618mn, above Nomura's expectation for a 5.0% increase.

Analyst Robert Drbul... More

Nomura Bullish On Costco (COST) Ahead of Earnings Tonight

May 25, 2016 10:11 AM EDT

Nomura analyst, Robert Drbul, is bullish on Costco Wholesale (NASDAQ: COST) ahead of 3Q16 earnings with a 3Q EPS estimate of $1.25, $0.03 above consensus. He is expecting sales growth of 3.9% to $26.5bn, including a +1.0% total comp sales increase.

The company continues to be negatively affected by deflationary trends across the store, including in meat, electronics, and... More

Piper Jaffray Cuts Price Target on Costco Wholesale (COST) Ahead of 3Q Report

May 24, 2016 7:59 AM EDT

Piper Jaffray maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $171.00 (from $173.00), ahead of the company's 3Q earnings report. COST is scheduled to report earnings on May 25th.

Analyst Sean Naughton commented, "Ahead of Q3 earnings,... More

Costco (COST): Buy Ahead of Card Switch - UBS

May 23, 2016 8:36 AM EDT

UBS analyst, Michael Lasser, thinks Costco Wholesale (NASDAQ: COST) is set up for a bumpy 3Q, but the volatility could present a chance to buy shares at an attractive level as the LT picture remains bright. Feb, Mar, & Apr sales are known &... More