Starbucks Q4 2024 Adj. EPS $0.80 Misses $1.03 Estimate, Sales $9.074B Miss $9.375B Estimate
Portfolio Pulse from Benzinga Newsdesk
Starbucks reported Q4 2024 earnings per share of $0.80, missing the analyst estimate of $1.03. Sales were $9.074 billion, below the expected $9.375 billion, and a 3.20% decrease from the previous year.
October 30, 2024 | 8:05 pm
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Starbucks' Q4 2024 earnings and sales both missed analyst expectations, with EPS at $0.80 and sales at $9.074 billion. This represents a significant earnings miss and a slight sales decline from the previous year.
Starbucks' earnings per share and sales both fell short of analyst expectations, which is likely to negatively impact the stock price in the short term. The significant miss in EPS and the decline in sales compared to the previous year suggest potential challenges for the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100