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Starbucks Corporation (NASDAQ:SBUX) will release earnings results for the fourth quarter, after the closing bell on Wednesday, Oct. 29.
Analysts expect the Seattle, Washington-based company to report quarterly earnings at 55 cents per share, down from 80 cents per share in the year-ago period. The consensus estimate for Starbucks' quarterly revenue is $9.35 billion, compared to $9.07 billion a year earlier, according to data from Benzinga Pro.
On Oct. 1, Starbucks raised its quarterly cash dividend from 61 cents to 62 cents per share.
Starbucks shares fell 2.1% to close at $85.43 on Tuesday.
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Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
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Posted In: SBUX