Reported 2 days ago
As Costco Wholesale prepares to release its first quarter earnings for fiscal 2025, analysts project rising revenue and profits, despite online sales being affected by a late Thanksgiving and Black Friday. Thirteen out of twenty analysts maintain a 'buy' rating, although the average price target suggests limited upside potential. With a revenue estimate increase to $62.1 billion and net income projected to rise to $1.7 billion, there is also speculation about a possible stock split, viewed as a positive development for the company's shares.
Source: YAHOO