Starbucks Coffee (SBUX) Reports In-Line Q3 EPS;Global Comps Rose 4%

Starbucks Coffee (NASDAQ: SBUX) reported Q3 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.33 billion.

Global comparable store sales increased 4%, comprised of a 4% increase in the Americas segment, a 3% increase in the China/Asia Pacific segment, and a 1% decline in the EMEA segment

GUIDANCE:

Starbucks Coffee sees Q4 2016 EPS of $0.54-$0.55, versus the consensus of $0.55.

Starbucks Coffee sees FY2016 EPS of $1.88-$1.89, versus the consensus of $1.89.

For earnings history and earnings-related data on Starbucks Coffee (SBUX) click here.

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