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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.

Starbucks:

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...


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