Actionable news
0
All posts from Actionable news
Actionable news in SBUX: Starbucks Corporation,

Starbucks (SBUX) Stock Declines Ahead of Earnings

NEW YORK (TheStreet) -- Starbucks Corp. (SBUX - Get Report) stock is down 1.43% to $62.60 in late morning trading on Thursday, before the company reports its fiscal 2015 fourth quarter and full year financial results, expected today after the market close.

The coffee company is expected to report a year-over-year increase in earnings and revenue for the fourth quarter and full year.

Analysts have estimated earnings of 43 cents per share on $4.9 billion in revenue for the latest quarter.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

Starbucks posted earnings of 37 cents per share, after adjustments for the March stock split, on revenue of $4.18 billion for the same quarter last year.

For the full fiscal year, analysts have estimated earnings of $1.59 per share on $19.15 billion in revenue.

Last year, the company reported earnings of $1.33 per share on revenue of $16.45 billion.

Seattle-based Starbucks is a coffee company that operates about 22,519 coffee shops worldwide, as of June 28.

Separately, TheStreet Ratings team rates STARBUCKS CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about...


More