Investing.com - Costco (NASDAQ:COST) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Costco announced earnings per share of $3.13 on revenue of $53.38B. Analysts polled by Investing.com anticipated EPS of $2.83 on revenue of $52.04B.
Costco shares are up 18% from the beginning of the year and are trading at $341.60 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 24.77% from the start of the year.
Costco shares lost 1.57% in after-hours trade after the report.
Costco follows other major Services sector earnings this month
Costco's report follows an earnings beat by Dollar General on Thursday, August 27, 2020, who reported EPS of $3.12 on revenue of $8.68B, compared to forecasts EPS of $2.47 on revenue of $8.36B.
Lululemon Athletica had beat expectations on Tuesday, September 8, 2020 with second quarter EPS of $0.74 on revenue of $902.94M, compared to forecast for EPS of $0.56 on revenue of $844.48M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar