ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal third-quarter net income of $2.19 billion.
The Issaquah, Washington-based company said it had net income of $4.93 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.91 per share.
The warehouse club operator posted revenue of $70.53 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $69.5 billion.
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