Costco Wholesale: Q1 Earnings Insights - Costco Wholesale (NASDAQ:COST)

Costco Wholesale COST reported its Q1 earnings results on Thursday, December 9, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Costco Wholesale beat estimated earnings by 12.93%, reporting an EPS of $2.97 versus an estimate of $2.63, which surprised analysts.

Revenue was up $7,155,000,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.33, which was followed by a 3.31% increase in the share price the next day.

Here's a look at Costco Wholesale's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	3.57	2.34	2.45	2.05
EPS Actual	3.90	2.75	2.14	2.29
Revenue Estimate	61.30B	43.64B	43.78B	42.41B
Revenue Actual	62.67B	45.28M	44.77B	43.21B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.