Alert: New Earnings Report (11/2/23)-Starbucks Corp (NASDAQ: SBUX).


For its fourth fiscal quarter (ending September 30), Starbucks Corp (NASDAQ: SBUX) has reported a 38% increase in E.P.S. from $0.77 a year ago to $1.06 in the current quarter. This performance was $0.09 better than the consensus estimate of $0.97. For the latest four quarters through September 30, E.P.S. were $3.58 compared to $2.85 a year ago — an increase of 26%.


Recent Price Action

Starbucks Corp (NASDAQ: SBUX) stock closed at $100.01 on 11/2/23 after a very large increase of 9.5%. The stock has performed in line with the market over the last nine months and has risen 6.4% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SBUX is expected to be an important Value Eraser.

Starbucks is currently unrated.

Rating Review

The stock is currently unrated.

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