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Costco Wholesale Corporation Bottom Line Rises In Q3

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

The company's profit came in at $906 million, or $2.05 per share. This compares with $750 million, or $1.70 per share, in last year's third quarter.

Analysts had expected the company to earn $1.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $34.74 billion from $32.36 billion last year.

Costco Wholesale Corporation earnings at a glance:

-Earnings (Q3): $906 Mln. vs. $750 Mln. last year.
-EPS (Q3): $2.05 vs. $1.70 last year.
-Analysts Estimate: $1.82
-Revenue (Q3): $34.74 Bln vs. $32.36 Bln last year.

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