Company News: Starbucks (SBUX) reports Q3 EPS in line with analysts' forecast

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22 July 2016

Company News: Starbucks (SBUX) reports Q3 EPS in line with analysts' forecast

Starbucks reported Q3 FY 2016 earnings of $0.49 per share (versus $0.42 in Q3 FY 2015), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $5.238 bln (+7.3% y/y), missing analysts' consensus estimate of $5.337 bln.

SBUX fell to $56.12 (-2.57%) in pre-market trading.

Company News: Visa (V) Q3 EPS beat analysts’ estimate

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