(AP) — Costco shares rose in after-hours trading after the warehouse club company reported earnings that topped Wall Street expectations. The Issaquah, Washington-based company said Thursday that net income in its most recent quarter came to $700 million, or $1.59 per share, up from $545 million, or $1.24 per share, in the same period last year. Stripping out one-time items, earnings came to $1.40 per share in the quarter that ended May 7; analysts surveyed by Zacks Investment Research predicted $1.31 per share.