Starbucks (SBUX) Tops Q4 EPS by 20c, Offers FY21 Guidance

October 29, 2020 4:10 PM

Starbucks (NASDAQ: SBUX) reported Q4 EPS of $0.51, $0.20 better than the analyst estimate of $0.31. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.06 billion.

GUIDANCE:

Starbucks sees FY2021 EPS of $2.70-$2.90, versus the consensus of $2.74. Starbucks sees FY2021 revenue of $28-29 billion, versus the consensus of $28 billion.

Consolidated revenue of $28.0 billion to $29.0 billion, inclusive of a $500 million impact attributable to the 53rd week

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

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