Costco Q2 2024 Earnings: Review of Revenue and Earnings Projection

Thursday, 7 March 2024, 18:15

Stay informed on Costco's second-quarter performance as analysts project earnings of $3.62 per share on revenue of $59.2 billion, outperforming Q2 2023. First quarter sales recorded a 6.1% rise year-over-year, reaching $56.7 billion with a net income of $1.58 billion.
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Costco Q2 2024 Earnings: Review of Revenue and Earnings Projection

Costco Q2 2024 Earnings: Stay tuned for the live earnings call and real-time transcript

Costco Wholesale Corporation (NASDAQ: COST) will report its earnings results for the second quarter of 2024 today after market close.

Listen to Costco's earnings call live and check the real-time transcript.

  • Analysts are projecting earnings of $3.62 per share on revenue of $59.2 billion for Q2 2024. This compares to earnings of $3.30 per share on revenue of $54.2 billion reported in Q2 2023.
  • In the first quarter of 2024, sales increased 6.1% year-over-year to $56.7 billion. Net income was $1.58 billion, or $3.58 per share.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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