Costco Wholesale (COST) to Report Fiscal Q2 Earnings on Upbeat Analyst Expectations

Costco Wholesale Corporation (COST), valued at a $433.3 billion market cap, is set to announce its fiscal Q2 2026 earnings. Analysts forecast a profit of $4.50 per share, an 11.9% increase from the prior year’s $4.02. The company has exceeded earnings estimates in three of the last four quarters and reported EPS of $4.34 in the previous quarter, surpassing forecasts by 1.9%. For fiscal 2026, analysts expect $20.09 per share, up 11.7% from fiscal 2025. EPS is projected to rise another 9.3% to $21.95 in fiscal 2027. Despite a 3.3% gain over the past year, COST lags behind the S&P 500 Index ($SPX) and State Street Consumer Staples ETF (XLP). On Dec. 11, Costco reported Q1 results with total revenue of $67.3 billion, up 8.3% year-over-year. Shares remained muted post-earnings. Wall Street analysts hold a "Moderate Buy" rating, with an average price target of $1,043.32, suggesting a 6.9% upside from current levels.