FMP
Looking Forward to Costco Wholesale Corporation’s Q4 Results
Sep 17, 2021 6:55 PM - Davit Kirakosyan
Image credit: FMP
Costco Wholesale Corporation (NASDAQ:COST) is going to report its Q4 results on Sept 23. Analysts at Oppenheimer expect limited earnings upside and believe that the robust and accelerating comp trends reported in recent months are now reflected in share price following the recent outperformance.
Looking forward, the brokerage projects market share gains, inflation benefits, prospects for another special dividend, and a potential membership fee increase next year to help fuel the next leg higher for shares.
Oppenheimer increased its Q4 EPS estimate to $3.55, in line with the consensus estimate of $3.55, maintaining their full 2022 and 2023-year estimates as it keeps conservatism around cost headwinds.
Other Blogs
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
P/E Ratios Using Normalized Earnings
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
What is Price To Earnings Ratio and How to Calculate it using Python
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
VMware Stock Drops 12% as China May Hold Up the Broadcom Acquisition
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...
