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Starbucks Earnings Outlook: $0.56 Cents a Share, $3.95B In Revenue

August 14, 2023
in Trade Tube
Reading Time: 1 min read
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Starbucks is reporting quarterly results after the bell on Thursday, and despite some heaviness in the stock, the overall outlook for the company remains impressive. Analyst are expecting $0.56 cents a share on $3.95 billion in revenues, which would represent a more than 11-percent growth in sales. Starbucks is quietly growing in developed and developing markets globally and in many cases has higher margins and higher growth abroad than in the U.S.

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