Starbucks Corp (SBUX) Tops Q3 EPS by 2c, Raises FY11 Guidance
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Starbucks Corp (NASDAQ: SBUX) reported Q3 EPS of $0.36, $0.02 better than the analyst estimate of $0.34. Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $2.85 billion.
Starbucks Corp sees FY2011 EPS of $1.50-$1.51, versus prior guidance of $1.46-$1.48 and the consensus of $1.51.
For fiscal 2012, the company expects earnings per share growth in the range of 15% to 20%.
Starbucks Corp sees FY2011 EPS of $1.50-$1.51, versus prior guidance of $1.46-$1.48 and the consensus of $1.51.
For fiscal 2012, the company expects earnings per share growth in the range of 15% to 20%.
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