news/COST/2023.03.02/Costco : Fiscal Q2 Earnings Snapshot.txt

ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal second-quarter earnings of $1.47 billion.The Issaquah, Washington-based company said it had net income of $3.30 per share.The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.20 per share.The warehouse club operator posted revenue of $55.27 billion in the period, falling short of Street forecasts. Ten analysts surveyed by Zacks expected $55.64 billion._____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/COSTFor copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
, source Associated Press News