Starbucks (SBUX) reported Q1 FY 2019 earnings of $0.60 per share (versus $0.53 in Q1 FY 2018), beating analysts’ consensus of $0.57.
The company’s quarterly revenues amounted to $6.306 bln (+4.5% y/y), generally in line with analysts’ consensus estimate of $6.326 bln.
The company also issued upside guidance for FY 2019, projecting EPS of $2.75-2.79 versus analysts’ consensus estimate of $2.73.
SBUX fell to $77.09 (-0.03%) in pre-market trading.