Laura Banks
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Laura Banks in Markets and everything in & between!,

What to look for in Starbucks earnings

Starbucks Corp. is scheduled to report fiscal fourth-quarter earnings after the close of trade on Thursday. Investors will be keen to see if the coffee-house chain can again post same-store sales growth of at least 5% , as it has for each of the past 18 quarters.

Here are some other things investors can expect:

Earnings: Starbucks SBUX, +1.42% is expected to report earnings of 74 cents a share, up from 60 cents a share in the same period a year earlier, according to analysts surveyed by FactSet. The figure is the midpoint of the 73 cents to 75 cents a share forecast provided by the Seattle-based company in July.

Revenue: Starbucks is expected to report sales of $4.24 billion, up from $3.80 billion in the year-earlier period, according to FactSet

Andria Cheng