Starbucks Q4 Adj. EPS $1.06 Beats $0.92 Estimate, Sales $9.37B Beat $8.76B Estimate
Portfolio Pulse from Benzinga Newsdesk
Starbucks reported Q4 earnings of $1.06 per share, beating the analyst consensus estimate of $0.92 by 15.22%. This is a 30.86% increase over earnings of $0.81 per share from the same period last year. The company also reported quarterly sales of $9.37 billion, beating the analyst consensus estimate of $8.76 billion by 7.00%. This is a 11.40% increase over sales of $8.41 billion the same period last year.
November 02, 2023 | 10:00 am
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Starbucks' Q4 earnings and sales exceeded analyst estimates, indicating strong financial performance.
Starbucks' Q4 earnings and sales exceeded analyst estimates, which is a positive signal for the company's financial performance. This could lead to an increase in the company's stock price in the short term.
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