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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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