1006 ET - Costco's core earnings results could again fall short of Wall Street forecasts, Oppenheimer analysts say in a research note. Current consensus estimates seem to represent the best-case scenario, assuming that management will deliver on plans to rein in expenses and that excess fuel profits won't be reinvested into the business, the analysts say. As for the stock, the analysts add that "although we view current levels as an attractive entry point, we would be positioned to take advantage of any weakness vs. playing for a positive catalyst on the print." Costco is slated to report F4Q results next week. (connor.hart@wsj.com)
(END) Dow Jones Newswires
September 16, 2026 10:06 ET (14:06 GMT)