Post
Solaiman Erfan
Costco hasn't missed EPS in five straight quarters, yet the market just knocked its beat odds down to 70%.
Here's what I'm seeing: Q4 sales are already out at $93.9B, up 11%, and comps held strong. The real swing is margins. Street wants roughly $6.54 EPS, and Oppenheimer is warning the core business could come in light.
My lean is still Yes, but a penny in line isn't a beat. That's the trap.
Where are you at, 70% or fading it?
#OKXOrbitTopics
Will Costco (COST) report GAAP EPS above $6.69 in its next quarterly earnings release?-6.66%
PositionNo | 634.77 shares
Current PnL-12.7 xp
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