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Starbucks earnings missed by $0.23, revenue fell short of estimates

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October 23, 2024
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Starbucks earnings missed by $0.23, revenue fell short of estimates

Investing.com – Starbucks (NASDAQ: SBUX) reported fourth quarter EPS of $0.80, $0.23 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $9.1B versus the consensus estimate of $9.38B.

Starbucks’s stock price closed at $96.82. It is up 30.75% in the last 3 months and up 2.33% in the last 12 months.

Starbucks saw 4 positive EPS revisions and 20 negative EPS revisions in the last 90 days. See Starbucks’s stock price’s past reactions to earnings here.

According to InvestingPro, Starbucks’s Financial Health score is “good performance”.

Check out Starbucks’s recent earnings performance, and Starbucks’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com
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