Starbucks Corp. (SBUX) reported second quarter EPS of $0.51 after the bell Thursday, which included a $0.03 per share gain on the sale of the company's equity in the joint venture that operates Starbucks stores in Mexico. The consensus estimate was for EPS of $0.48. Revenues for the quarter came in at $3.56 billion, compared to the consensus estimate of $3.59 billion.
Looking ahead to fiscal year 2013, the company now expects earnings of $2.12 to $2.18 per share, up from prior guidance of $2.06 to $2.15 per share. The consensus estimate is for EPS of $2.16. The stock is now down 1.02 on 596K shares.
Starbucks posted gains in early trade Thursday, before settling into a range. The stock closed up by 0.67 at $60.50. The stock closed challenging the highs of the year, trading at over an 11 1/2 mont high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.