logo
Plus   Neg
Share
Email

Costco Wholesale Corporation Q1 Profit Climbs

Costco Wholesale Corporation (COST) announced earnings for its first quarter that climbed from the same period last year.

The company's profit totaled $767 million, or $1.73 per share. This compares with $640 million, or $1.45 per share, in last year's first quarter.

Analysts had expected the company to earn $1.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.3% to $34.31 billion from $31.12 billion last year.

Costco Wholesale Corporation earnings at a glance:

-Earnings (Q1): $767 Mln. vs. $640 Mln. last year.
-EPS (Q1): $1.73 vs. $1.45 last year.
-Analysts Estimate: $1.62
-Revenue (Q1): $34.31 Bln vs. $31.12 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT