--- title: "Starbucks CorpQ) expected to post earnings of 93 cents a share - Earnings Preview" description: "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 \"ho" type: "news" locale: "en" url: "https://longbridge.com/en/news/209982969.md" published_at: "2024-07-27T01:32:56.000Z" --- # Starbucks CorpQ) expected to post earnings of 93 cents a share - Earnings Preview > 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 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 - 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) - ​LSEG’s mean analyst estimate for Starbucks Corp is for earnings of 93 cents per share. - 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.” - The mean earnings estimate of analysts was unchanged in the last three months. ​ - 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). ​ ### QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI ### ENDING ARTESTIMAT ESTIMATE MET, SE % ### E® MISSED 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) ### Related Stocks - [SBUX.US - Starbucks](https://longbridge.com/en/quote/SBUX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | As Starbucks Cuts Jobs and Closes Stores, Should You Buy, Sell, or Hold SBUX Stock? | As Starbucks Cuts Jobs and Closes Stores, Should You Buy, Sell, or Hold SBUX Stock? | [Link](https://longbridge.com/en/news/259375990.md) | | Starbucks CEO Estimates China Business Value Exceeding $10 Billion | Starbucks CEO Laxman Narasimhan estimates the company's China business is worth over $10 billion, emphasizing its import | [Link](https://longbridge.com/en/news/261489102.md) | | Advance Auto Parts’ Heavy Debt Load Raises Liquidity, Refinancing and Turnaround Risks | Advance Auto Parts Inc (AAP) is facing significant financial risks due to its heavy debt load, which may limit liquidity | [Link](https://longbridge.com/en/news/275997122.md) | | Did Analyst Upgrades and Metal Price Tailwinds Just Shift Coeur Mining's (CDE) Investment Narrative? | Recent analyst upgrades for Coeur Mining, alongside rising gold and silver prices, have shifted focus on the company's c | [Link](https://longbridge.com/en/news/275995095.md) | | Klaveness Combination Carriers (OB:KCC) Net Margin Slide Challenges Bullish DCF Narrative | Klaveness Combination Carriers (OB:KCC) reported Q3 2025 revenue of US$64.5 million and EPS of US$0.20, with a trailing | [Link](https://longbridge.com/en/news/275992860.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.