ISSAQUAH, Wash. (AP) _ Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter earnings of $1.87 billion.
The Issaquah, Washington-based company said it had profit of $4.20 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $4.12 per share.
The warehouse club operator posted revenue of $72.09 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $71.84 billion.
For the year, the company reported profit of $5.84 billion, or $13.14 per share. Revenue was reported as $226.95 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