<ul>
<li>Starbucks Corp (SBUX.OQ) (SBUX.O) is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024</li>
<li>The Seattle Washington-based company is expected to report a 0.8% increase in revenue to $9.242 billion from $9.17 billion a year ago, according to the mean estimate from 23 analysts, based on LSEG data. (Sales/Revenue majority is on Total Revenue basis)</li>
<li>​LSEG’s mean analyst estimate for Starbucks Corp is for earnings of 93 cents per share.</li>
<li>The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 11 “strong buy” or “buy,” 26 “hold” and no “sell” or “strong sell.”</li>
<li>The mean earnings estimate of analysts was unchanged in the last three months. ​</li>
<li>Wall Street’s median 12-month price target for Starbucks Corp is $83.50​, above​ its last closing price of $74.05. ​​​ Previous quarterly performance (using preferred earnings measure in US dollars). ​</li>
</ul>
<h3>QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI</h3>
<h3>ENDING ARTESTIMAT ESTIMATE MET, SE %</h3>
<h3>E® MISSED</h3>
Jan. 1 0001 0.77 0.79 0.68 Missed -14.4
Dec. 31 0001 0.93 0.93 0.90 Missed -3.3
Jan. 1 0001 0.97 0.97 1.06 Beat 9.1​
Jun. 30 2023 0.95 0.95 1.00 Beat 5
​​Mar. 0.65 0.65 0.74 Beat 14
31 2023
Dec. 31 2022 0.78 0.77 0.75 Missed -2.7​
Sep. 30 2022 0.72 0.72 0.81 Beat 12.2
Jun. 30 2022 0.75 0.75 0.84 Beat 11.6
This summary was machine generated July 27 at 01:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

SBUX

Starbucks CorpQ) is expected to report revenue of $9.242 billion for the quarter ending June 30, 2024. Analysts estimate earnings of 93 cents per share. The average analyst rating on the shares is "hold" with a median 12-month price target of $83.50. Previous quarterly performances show a mix of beats and misses.

Starbucks CorpQ) expected to post earnings of 93 cents a share - Earnings Preview