Company News: Starbucks (SBUX) posts quarterly earnings in line with analysts' estimates

Market news

3 November 2017

Company News: Starbucks (SBUX) posts quarterly earnings in line with analysts' estimates

Starbucks (SBUX) reported Q4 FY 2017 earnings of $0.55 per share (versus $0.56 in Q4 FY 2016), in-line with analysts' consensus estimate of $0.55.

The company's quarterly revenues amounted to $5.698 bln (-0.2% y/y), missing analysts' consensus estimate of $5.807 bln.

SBUX fell to $54.29 (-1.06%) in pre-market trading.

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