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03.08.2022

Company news: Starbucks (SBUX) quarterly earnings beat analysts’ estimates

Starbucks (SBUX) reported Q3 FY2022 earnings of $0.84 per share (versus $1.01 per share in Q3 FY2021), beating analysts’ consensus estimate of $0.76 per share.

The company’s quarterly revenues amounted to $8.150 bln (+8.7% y/y), being roughly in line with analysts’ consensus estimate of $8.135 bln.

SBUX rose to $85.24 (+1.83%) in pre-market trading.

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