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Thursday, September 26, 2024

The US Consumer -- Retail -- Costco Earnings -- EPS Easily Beat The Whisper Number -- September 26, 2024

Locator: 48402RETAIL.

Tag: COST, Costco.  

Ticker after results: down 1.5%.  

Observations:

  • P/Es -- this is hard to believe:
    • COST: 56
    • NVDA: 58
  • Dividends: both pay minimal dividends, thought COST is much higher;
  • Share price:
    • COST: $900 / share
    • NVDA: $125 / share

Which would you rather own? Last year. Three years ago I had a position in neither of these companies. Shortly after that I started building a position in one of these two companies. If you bought both either of these companies one year ago:

Margins? I can only guess. 60% vs 7%. Use your own numbers.

Results, link here. Easily beat "whisper number," also.

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Original Post

Link here.

COST earnings after close, the expectation from the WhisperNumber community is $5.14, 6c ahead of analyst estimates. Earnings came in $0.01 ahead of the whisper last quarter. 45% beat rate. Implied move +/-3.7%.

Earnings pending.

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