Costco Wholesale (COST) Tops Q3 EPS by 2c; Comps Up 3% Ex-Gas
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Costco Wholesale (COST) Results Better, Now Look To Catalysts - Morgan Stanley
May 26, 2016 1:30 PM EDTMorgan Stanley analyst, Simeon Gutman, is incrementally bullish after the Costco Wholesale (NASDAQ: COST) announcement. Investors were braced for an EPS miss given a litany of headwinds. That EPS beat ($1.24 vs $1.22 consensus) and appears to be of good quality with EBIT dollars coming in stronger by $18 million, shows that the business was well-managed in what could have been a weaker quarter. The firm maintained an Overweight rating and price target of... More
Nomura Securities Reiterates Buy on Costco Wholesale (COST) Following 3Q Report
May 26, 2016 9:08 AM EDTNomura 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
