Actionable news
All posts from Actionable news
Actionable news in SBUX: Starbucks Corporation,

Starbucks Earnings Fall In-Line, Global Comps Grow 4%

Starbucks Corp. (SBUX - Free Report) released its third quarter fiscal 2017 financial results, posting non-GAAP earnings of 55 cents per share and revenues of $5.7 billion. Currently, SBUX is a #3 (Hold), and is down a slight 0.59% to $59.14 per share in trading shortly after its earnings report was released.


Matched earnings estimates. The coffee giant reported earnings of 55 cents per share, matching the Zacks Consensus Estimate of 55 cents per share. This number excludes 8 cents from non-recurring items.

Matched revenue estimate. The company saw consolidated net revenue figures of $5.7 billion, coming in-line with our consensus estimate of $5.74...