Costco: Can Earnings Catch Up To Valuations? (COST)

[24/7 Wall St.]

24/7 Wall St. Daily News

On Wednesday morning we'll get to see earnings out of upscale warehouse retailer Costco Wholesale Corporation (NASDAQ: COST). The estimates from First Call are $0.65 EPS on $16.3 Billion in revenues. Next quarter estimates are $1.01 EPS and $22.44 Billion in revenues. Costco is not on a typical retail fiscal year as its next quarter August is the fiscal year, and estimates are $2.99 EPS on $71.44 Billion in revenues. In case the company gives any estimates for next year, First Call has fiscal August 2009 at $3.43 EPS and $77.87. This represents an expectation for growth next year of...http://feeds.feedburner.com/~f/typepad/RyNm?i=GBWdKH</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=GBWdKH) http://feeds.feedburner.com/~f/typepad/RyNm?i=oB8V6H</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=oB8V6H) http://feeds.feedburner.com/~f/typepad/RyNm?i=XcQyLh</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=XcQyLh)


complete story here... (http://www.247wallst.com/2008/05/costco-can-earn.html)