Investing.com - Costco (NASDAQ:COST) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Costco announced earnings per share of $2.84 on revenue of $45.28B. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $43.64B.
Costco shares are up 2% from the beginning of the year and are trading at $387.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.84% from the start of the year.
Costco shares lost 0.04% in after-hours trade the report.
Costco follows other major Services sector earnings this month
Costco's report follows an earnings beat by Amazon.com on Thursday, April 29, 2021, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on Thursday, May 13, 2021 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar