A Preview Of Starbucks's Earnings
Portfolio Pulse from Benzinga Insights
Starbucks (NASDAQ:SBUX) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.95. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Starbucks were trading at $101.25 as of July 28, with a 52-week increase of 21.32%.
July 31, 2023 | 2:02 pm
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Starbucks is expected to report an EPS of $0.95 in its upcoming earnings. The company's share price has historically been affected by its earnings reports.
The upcoming earnings report is a significant event for Starbucks. Given the historical impact of earnings reports on the company's share price, it's likely that this report will also affect the stock. However, the direction of the impact is uncertain as it depends on whether the company meets, exceeds, or falls short of the estimated EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100