When Costco Wholesale Corporation (NASDAQ:COST) releases earnings for the fourth quarter after the closing bell on Thursday, analysts expect the bulk retailer to report quarterly earnings at $5.08 per share.
That’s up from $4.86 per share a year ago. Costco projects to report revenue of $79.97 billion, compared to $78.94 billion a year earlier, according to Benzinga Pro.
On Sept. 24, Truist Securities analyst Scot Ciccarelli downgraded the Issaquah, Washington-based company from Buy to Hold and maintained the price target of $873.
With the recent buzz around Costco, some investors may be eyeing potential gains from the company's dividends. As of now, Costco has a dividend yield of 0.51%. That’s a quarterly dividend amount of $1.16 a share ($4.64 a year).
To figure out how to earn $500 monthly ...
