Costco: Fiscal Q3 Earnings Snapshot
By Ap News
Published - May 30, 2024, 04:27 PM ET
Last Updated - May 30, 2024, 04:27 PM EDT
ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal third-quarter profit of $1.68 billion.
On a per-share basis, the Issaquah, Washington-based company said it had profit of $3.78.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.70 per share.
The warehouse club operator posted revenue of $58.52 billion in the period.
