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Costco Wholesale Corporation (NASDAQ:COST) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 22.22% to $1.10 in the quarter versus EPS of $0.90 in the year-earlier quarter. Revenue Rose 5.98% to $24.34 billion from the year-earlier quarter.
Costco Wholesale Corporation reported adjusted EPS income of $1.10 per share. By that measure, the company beat the mean analyst estimate of $1.06. It missed the average revenue estimate of $25.05 billion.
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