Starbucks (SBUX) PT Raised to $97 at Evercore ISI
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Starbucks (SBUX) Edges Higher on Earnings Beat, Analysts Raise Targets
November 4, 2022 6:47 AM EDTShares of Starbucks (NASDAQ: SBUX) are trading more than 3% higher in pre-open Friday trading after the company delivered better-than-expected Q3 results.
Starbucks posted an EPS of $0.81 on revenue of $8.4 billion to top the consensus that called for an EPS of $0.73 on sales of $8.33 billion. On a 13-week basis, revenue rose 3%. Starbucks said its global comparable store sales were up 7%, driven by the strong... More
