Options Trade of the Week
Monday, October 06, 2014
**Costco Continues Its Upwards Momentum! **
Costco Wholesale Corporation (NASDAQ: COST), with its subsidiaries is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, and through majority owned subsidiaries in Taiwan and Korea, is scheduled to announce the results of its fiscal fourth quarter before the market opens on October 8. Analysts have forecast the company will post quarterly earnings of $1.51 per share, up from $1.40 during the same period last year. The stock has gained 5.7% in 2014.
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