We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Bartosiak: Trading Costco's (COST) Earnings with Options
Read MoreHide Full Article
On Thursday, October 5th, Costco (COST - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
Dave will look at Costco’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Costco ahead of earnings.
Costco in Focus
Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. This rapid inventory turnover enables Costco to operate profitably at significantly lower gross margins than traditional wholesalers, discount retailers and supermarkets.
Costco is expected to report earnings at $2.02 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 6.87%. They reported earnings at $1.40per share, beating their estimate of $1.31. They have an average earnings surprise of 6.35% over the last 4 quarters.
Costco Wholesale Corporation Price, Consensus and EPS Surprise
How should investors play Costco ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.
Can Hackers Put Money INTO Your Portfolio?
Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Image: Bigstock
Bartosiak: Trading Costco's (COST) Earnings with Options
On Thursday, October 5th, Costco (COST - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of A.
Dave will look at Costco’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Costco ahead of earnings.
Costco in Focus
Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. This rapid inventory turnover enables Costco to operate profitably at significantly lower gross margins than traditional wholesalers, discount retailers and supermarkets.
Costco is expected to report earnings at $2.02 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 6.87%. They reported earnings at $1.40per share, beating their estimate of $1.31. They have an average earnings surprise of 6.35% over the last 4 quarters.
Costco Wholesale Corporation Price, Consensus and EPS Surprise
Costco Wholesale Corporation Price, Consensus and EPS Surprise | Costco Wholesale Corporation Quote
Bottom Line
How should investors play Costco ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.
Can Hackers Put Money INTO Your Portfolio?Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>