• Company News: Starbucks (SBUX) posts Q1 EPS in line with analysts' estimate

Market news

28 April 2017

Company News: Starbucks (SBUX) posts Q1 EPS in line with analysts' estimate

Starbucks (SBUX) reported Q1 FY 2017 earnings of $0.45 per share (versus $0.39 in Q1 FY 2016), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $5.294 bln (+7.3% y/y), missing analysts' consensus estimate of $5.418 bln.

SBUX fell to $58.45 (-4.65%) in pre-market trading.

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