Starbucks SBUX reported its Q4 earnings results on Thursday, October 28, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Starbucks beat their estimated earnings by 1.01%, reporting an EPS of $1.0 versus an estimate of $0.99, which did not surprise analysts.
Revenue was up $1,944,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 2.87% drop in the share price the next day.
Here's a look at Starbucks's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.77 | 0.53 | 0.55 | 0.31 |
| EPS Actual | 1.01 | 0.62 | 0.61 | 0.51 |
| Revenue Estimate | 7.24B | 6.82B | 6.93B | 6.04B |
| Revenue Actual | 7.50B | 6.67B | 6.75B | 6.20B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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