Recap: Starbucks Q3 Earnings

Starbucks SBUX reported its Q3 earnings results on Tuesday, August 2, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Starbucks beat estimated earnings by 12.0%, reporting an EPS of $0.84 versus an estimate of $0.75.

Revenue was up $653.00 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 9.83% increase in the share price the next day.

Here's a look at Starbucks's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.59	0.80	0.99	0.77
EPS Actual	0.59	0.72	1	1.01
Revenue Estimate	7.60B	7.97B	8.21B	7.24B
Revenue Actual	7.64B	8.05B	8.15B	7.50B

To track all earnings releases for Starbucks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar