Costco (COST) Earnings Preview: Consumers Loyal, Stock Still Down
We're back on Morning Trade Live. Let's focus on Costco now as it will report earnings after the close today. Shares have been under pressure as it hit a 52-W week low yesterday.It is down nearly 5% on the year. Expectations are for adjusted EPS of $426 on revenues of 67.33% billion. So, we're trading up right now of just fractionally 210 of 1% at 876 and change for Costco.And if we take a look at the chart, shall we. There we have it. We've been on a downward trajectory as you can see there from the middle ...