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Benzinga
Benzinga
Business
Wayne Duggan

4 Costco Analysts Praise Q2 Earnings Beat Even As Growth Slows

Costco COST Costco Wholesale Corporation

Costco Wholesale Corporation (NASDAQ:COST) shares rebounded by 1% on Monday after the company reported a fiscal second-quarter earnings beat late last week.

Costco reported second-quarter adjusted EPS of $2.92 on revenue of $51.9 billion. Both numbers topped consensus analyst estimates of $2.76 and $51.5 billion. Revenue was up 15.9% from a year ago.

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