After The Bell
FONT-SIZE Plus   Neg
Share SHARE

Starbucks Corp. (SBUX) Is Up Slightly After Q1 Report

RELATED NEWS
Trade SBUX now with 

Starbucks Corp. (SBUX: Quote) reported first quarter net income of $0.57 per share after the bell Thursday, up from $0.50 per share in the prior year. The consensus estimate was for EPS of $0.57. Revenues grew 11 percent to $3.80 billion from $3.44 billion last year. Analysts estimated revenues of $3.84 billion for the quarter.

Starbucks continues to expect full year 2013 earnings of $2.06 to $2.15 per share on revenue growth of 10 to 13 percent. The consensus estimate is for EPS of $2.16. The stock is now up 0.20 on 1.1 million shares.

Starbucks gapped up slightly Thursday, but was range-bound throughout the session. The stock closed higher by 0.11 at $54.57.

Click here to receive FREE breaking news email alerts for Starbucks Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus