Costco: Fiscal Q4 Earnings Snapshot
ISSAQUAH, Wash. (AP) _ Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter profit of $1.87 billion.On a per-share basis, the I...
ISSAQUAH, Wash. (AP) _ Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter profit of $1.87 billion.On a per-share basis, the Issaquah, Washington-based company said it had net income of $4.20. The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $4.12 per share. The warehouse club operator posted revenue of $72.09 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $71.