Costco Wholesale Corporation(COST)
NASDAQ
$947.92
5.67 (0.60%)

Costco Wholesale Corporation(COST)Earnings Date, History & Expected Move
NASDAQ

COST is scheduled to report on Dec 10, 2026, usually after the market closes. This date is a projection and has not been confirmed in the earnings calendar.

Next report
Dec 10, 2026
In 62 days · usually after close · projected
EPS beat rate
92%
11 of 12 quarters
Avg move after earnings
±3.0%
Up 50% of the time · last 12
Options-implied move
—
No reliable options quote yet

EPS: Actual vs Estimate

Reported earnings per share against the consensus estimate, last 12 quarters.

Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±3.0%).

Did the stock rise after good news?

"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.

When it beat expectations
11 reports
When it missed expectations
1 report

In plain words: it beat expectations 11 times, but the stock still fell 5 of those 11 times.

Report by report
  • Sep '26
    Beat
    ▲ +2.9%
  • May '26
    Beat
    ▼ -3.9%
  • Mar '26
    Beat
    ▲ +1.6%
  • Dec '25
    Beat
    ▼ 0.0%
  • Sep '25
    Beat
    ▼ -2.9%
  • May '25
    Beat
    ▲ +3.1%
  • Mar '25
    Missed
    ▼ -6.1%
  • Dec '24
    Beat
    ▲ +0.1%
  • Sep '24
    Beat
    ▼ -1.8%
  • Jun '24
    Beat
    ▲ +1.0%
  • Mar '24
    Beat
    ▼ -7.6%
  • Dec '23
    Beat
    ▲ +4.4%

Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.

After an EPS beat
-0.3%
average next-day move · up 55% of 11 times
After an EPS miss
—
Not enough quarters yet

Why did COST fall after beating earnings?

Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.

COST beat EPS estimates in 11 quarters, and the stock still closed lower the next day 5 times. In 1 of the 5 where we have price data, the stock had already run up before the report.

  • May 28, 2026EPS beat +0.2%stock -3.9% next day
    • The EPS beat was small (+0.2%).
  • Dec 11, 2025EPS beat +5.1%stock 0.0% next day

    Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.

  • Sep 25, 2025EPS beat +1.2%stock -2.9% next day
    • The EPS beat was small (+1.2%).
    • It opened 1.9% lower as soon as trading resumed.
  • Sep 26, 2024EPS beat +4.5%stock -1.8% next day

    Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.

  • Mar 7, 2024EPS beat +8.6%stock -7.6% next day
    • It had risen 9.1% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 3.8% lower as soon as trading resumed.

These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.

Was COST's earnings move already priced in?

Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.

Avg move in the month before
+1.7%
last 12 reports
Higher before the report
58%
of the time
After a run-up of 3%+
Fell 25%
4 reports, avg -0.5%

“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.

Before vs after each report

Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.

Past reports only: this shows what happened, not what will happen.

Does COST hold its opening gap after earnings?

A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.

In 6 reports COST opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 6 times (33%), and fully reversed 2 times.

  • Sep 24, 2026Reversed
    Opened -1.1%, closed +2.9%
  • Mar 5, 2026Reversed
    Opened -1.6%, closed +1.6%
  • Sep 25, 2025Held
    Opened -1.9%, closed -2.9%
  • Mar 6, 2025Held
    Opened -3.1%, closed -6.1%
  • Mar 7, 2024Held
    Opened -3.8%, closed -7.6%
  • Dec 14, 2023Held
    Opened +1.7%, closed +4.4%

Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.

What the history says

  • COST has beaten EPS estimates in 6 straight quarters.
  • It fell after 5 of its 11 EPS beats (46%): beating estimates has not been enough on its own.

COST earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report dateTimeEPS est.EPS actualSurprise1-day move3-day move
Sep 24, 2026After close$6.53$6.75+3.4%+2.93%+3.14%
May 28, 2026After close$4.92$4.93+0.2%-3.91%-4.11%
Mar 5, 2026After close$4.54$4.58+0.9%+1.58%+1.51%
Dec 11, 2025After close$4.28$4.50+5.1%0.00%-2.72%
Sep 25, 2025After close$5.80$5.87+1.2%-2.90%-1.87%
May 29, 2025After close$4.23$4.28+1.2%+3.12%+4.64%
Mar 6, 2025After close$4.10$4.02-2.0%-6.07%-9.36%
Dec 12, 2024After close$3.80$4.04+6.3%+0.10%-0.64%
Sep 26, 2024After close$5.06$5.29+4.5%-1.76%-2.67%
Jun 6, 2024Before open$3.77$3.78+0.3%+1.00%+1.68%
Mar 7, 2024After close$3.61$3.92+8.6%-7.64%-6.20%
Dec 14, 2023After close$3.42$3.58+4.7%+4.45%+7.44%

COST Earnings FAQ

Answers computed from Costco Wholesale Corporation's reported history

COST is scheduled to report on Dec 10, 2026, usually after the market closes. This date is a projection and has not been confirmed in the earnings calendar.

Over the last 12 quarters with a usable EPS surprise, COST beat the consensus estimate 11 times (92%), missed 1 and landed in line 0. It has beaten estimates in each of the last 6 counted quarters.

Across its last 12 quarters with a measured reaction, COST moved an average of ±3.0% in the first session after reporting. It closed higher 50% of the time; the largest gain was 4.5% and the largest drop -7.6%.

COST fell in the first session after 5 of its last 11 EPS beats (46%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 1 of the 5 of those falls where price data is available, the stock had already risen before the report.

Across its last 12 quarters with price data, COST moved an average of +1.7% in the 20 trading sessions before reporting and was higher in 58% of them. After a run-up of 3% or more (4 quarters), it fell the next day 25% of the time, averaging -0.5%. This describes past reports; it is not a forecast.

In 6 reports COST opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 6 times (33%), and fully reversed 2 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers

Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.