Costco Wholesale (NASDAQ:COST) reported its Q2 earnings results on Thursday, March 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Costco Wholesale beat estimated earnings by 6.96%, reporting an EPS of $2.92 versus an estimate of $2.73.
Revenue was up $7.13 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.34 which was followed by a 6.58% increase in the share price the next day.
Here's a look at Costco Wholesale's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.63 | 3.57 | 2.34 | 2.45 |
| EPS Actual | 2.97 | 3.90 | 2.75 | 2.14 |
| Revenue Estimate | 49.56B | 61.30B | 43.64B | 43.78B |
| Revenue Actual | 50.36B | 62.67B | 45.28M | 44.77B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
