Costco beats on earnings as membership fee hike boosts revenue

Costco on Thursday beat Wall Street's quarterly earnings and sales estimates, as it got a boost in part from higher membership fees.Here's how the warehouse club did for the fiscal first quarter compared to what Wall Street expected, according to a survey of analysts by LSEG:Earnings per share: $4.04 vs.$3.79 expectedRevenue: $62.15 billion vs.$62.08 billion expectedIn the three-month period that ended Nov. 24, Costco's net income rose to $1.80 billion, or 4.04 per share, from$1.59 billion, or $3.58 per ...