Costco Wholesale Corporation Q4 Income Rises

(RTTNews) - Costco Wholesale Corporation (COST) announced a profit for its fourth quarter that rose from the same period last year.

The company's profit came in at $1.04 billion, or $2.36 per share. This compares with $0.92 billion, or $2.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $44.41 billion from $42.30 billion last year.

Costco Wholesale Corporation earnings at a glance:

-Earnings (Q4): $1.04 Bln. vs. $0.92 Bln. last year. -EPS (Q4): $2.36 vs. $2.08 last year. -Analysts Estimate: $2.36 -Revenue (Q4): $44.41 Bln vs. $42.30 Bln last year.