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Stock impact report

What To Expect From Starbucks's (SBUX) Q1 Earnings [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
Starbucks missed analysts' revenue expectations by 2.1% last quarter, reporting revenues of $9.43 billion, up 8.2% year on year. It was a weak quarter for the company, with a miss of analysts' revenue estimates. Is Starbucks a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Starbucks's revenue to grow 5% year on year to $9.16 billion, slowing from the 14.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.80 per share. The analysts covering the company have been growing increasingly bearish about the business heading into the earnings, with revenue estimates seeing thirteen downward revisions over the last thirty days.Starbucks has missed Wall Street's revenue estimates three times over the last two years. Looking at Starbucks's peers in the restaurants segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Darden delivered Show less Read more
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