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 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
Nomura Bullish On Costco (COST) Ahead of Earnings Tonight
May 25, 2016 10:11 AM EDTNomura 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 EDTPiper 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 EDTUBS 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

