The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Costco's revenues will increase 8.5% and EPS will expand 17.0%.
The average estimate for revenue is $24.23 billion. On the bottom line, the average EPS estimate is $1.03.
Last quarter, Costco recorded revenue of $24.87 billion. GAAP reported sales were 8.3% higher than the prior-year quarter's $22.97 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.10. GAAP EPS of $1.24 for Q2 were 38% higher than the prior-year quarter's $0.90 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.5%, 20 basis points better than the prior-year quarter. Operating margin was 3.0%, 20 basis points better than the prior-year quarter. Net margin was 2.2%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $106.00 billion. The average EPS estimate is $4.56.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 4,534 members out of 4,696 rating the stock outperform, and 162 members rating it underperform. Among 1,357 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,336 give Costco a green thumbs-up, and 21 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Costco is outperform, with an average price target of $105.57.
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