- Company News: Starbucks (SBUX) Q4 results beat analysts’ expectations
Notícias do Mercado
4 novembro 2016
Company News: Starbucks (SBUX) Q4 results beat analysts’ expectations
Starbucks reported Q4 FY 2016 earnings of $0.56 per share (versus $0.43 in Q4 FY 2015), beating analysts' consensus estimate of $0.55.
The company's quarterly revenues amounted to $5.711 bln (+16.2% y/y), slightly beating analysts' consensus estimate of $5.688 bln.
The company also issued downside guidance for FY2017, projecting EPS of $2.12-2.14 (versus analysts' consensus estimate of $2.16) and consolidated revenue growth in the double digits (consensus +8%).
SBUX rose to $52.70 (+1.80%) in pre-market trading.
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