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Costco: Fiscal Q2 Earnings Snapshot

ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal second-quarter profit of $2.04 billion.

On a per-share basis, the Issaquah, Washington-based company said it had profit of $4.58.

The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.55 per share.

The warehouse club operator posted revenue of $69.6 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $69.24 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COST at https://www.zacks.com/ap/COST

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updated by pwenzel 3:13pm
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