• Company News: Starbucks (SBUX) quarterly reports beat analysts’ forecast

Notícias do Mercado

2 novembro 2018

Company News: Starbucks (SBUX) quarterly reports beat analysts’ forecast

Starbucks (SBUX) reported Q4 FY 2018 earnings of $0.62 per share (versus $0.55 in Q4 FY 2017), beating analysts’ consensus estimate of $0.60.

The company’s quarterly revenues amounted to $6.304 bln (+10.6% y/y), generally in-line analysts’ consensus estimate of $6.277 bln.

The company also issued in-line guidance for FY 2019, projecting EPS of $2.61-2.66 (versus analysts’ consensus estimate of $2.63) and revenues of +5-7% y/y (or $26-26.45 bln versus analysts’ consensus estimate of $26.16 bln).

SBUX rose to $63.55 (+8.39%) in pre-market trading.

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