Costco Prepares for $4.91 EPS on $69.5B Revenue Forecast, Options Signal 4.4% Swing
COST•Costco is set to report fiscal Q3 earnings on May 28 with analysts projecting EPS of $4.91 and revenue of $69.5 billion, up 14.7% and 9.7% year-over-year. Options markets price a 4.4% post-earnings swing, surpassing the eight-quarter average of 2% after shares dipped from a $1,096.50 high.
1. Third-Quarter Earnings Forecast
Costco will release fiscal Q3 earnings on May 28 following the close, with analysts forecasting $4.91 in earnings per share and $69.5 billion in revenue, reflecting year-over-year increases of 14.7% and 9.7%. These figures follow strong consumer demand and membership growth driving sales at its warehouse clubs.
2. Implied Volatility and Technical Trends
Options traders are pricing in a 4.4% post-earnings price swing, more than double the average 2% move over the last eight quarters, highlighting elevated uncertainty. Shares recently retreated from a $1,096.50 record high on May 19 but continue to find support at the 80-day moving average as they sit up 16.8% year-to-date.
