Costco: Fiscal Q4 Earnings Snapshot
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ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter earnings of $2.61 billion.
The Issaquah, Washington-based company said it had profit of $5.87 per share.
The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $5.81 per share.
The warehouse club operator posted revenue of $86.16 billion in the period, which did not meet Street forecasts. Ten analysts surveyed by Zacks expected $86.18 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COST at https://www.zacks.com/ap/COST