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Costco Wholesale Corporation Profit Climbs In Q4

Costco Wholesale Corporation (COST) reported a profit for its fourth quarter that advanced from the same period last year.

The company's profit totaled $1.10 billion, or $2.47 per share. This compares with $1.04 billion, or $2.36 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $47.50 billion from $44.41 billion last year.

Costco Wholesale Corporation earnings at a glance:

-Earnings (Q4): $1.10 Bln. vs. $1.04 Bln. last year.
-EPS (Q4): $2.47 vs. $2.36 last year.
-Analysts Estimate: $2.54
-Revenue (Q4): $47.50 Bln vs. $44.41 Bln last year.

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