Starbucks Earnings Meet Expectations, Revenue Misses Estimates

Starbucks recently announced its third-quarter earnings, reporting an earnings per share (EPS) of $0.93, which matches analysts’ expectations. The company’s revenue for the quarter was $9.1 billion, slightly below the consensus estimate of $9.25 billion.

As for its stock performance, Starbucks closed at $75.93, showing an increase of 3.86% over the past three months, but a decline of 25.24% over the last year. In the previous 90 days, there were 0 positive EPS revisions and 27 negative EPS revisions.

Based on available financial metrics, Starbucks has received a “good performance” rating for its financial health.