Starbucks Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Starbucks Corporation (NASDAQ:SBUX) will release earnings results for the third quarter, after the closing bell on Tuesday, July 29.

Analysts expect the Seattle, Washington-based company to report quarterly earnings at 65 cents per share, down from 93 cents per share in the year-ago period. Starbucks projects to report quarterly revenue at $9.31 billion, compared to $9.11 billion a year earlier, according to data from Benzinga Pro.

The company missed analyst estimates for revenue last quarter and missed estimates in seven of the past 10 quarters.

Starbucks shares fell 0.8% to close at $93.67 on Monday.

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