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Earnings Outlook: Costco earnings: Analysts think a membership-fee hike is coming

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Costco’s new Visa card, and its benefit program, are popular with customers and could help boost quarterly results.

Costco Wholesale Corp. is expected to announce second-quarter earnings on Thursday after the market closes.

Analysts believe Costco COST, +0.38% is on the path to top-line and same-store sales increases. They also think a membership-fee hike is on the way.

Costco shares have an average analyst rating of overweight with a target price of $175.39, 1% lower than Tuesday’s close of $177.18.

See also:Number of distressed U.S. retailers at highest level since Great Recession

Read: From a risk-of-bankruptcy standpoint, the retail business is the new oil and gas

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