Thursday, April 25, 2019

Starbucks Raises 2019 Earnings Guidance; Q2 Profit Beats Estimates

Starbucks Corp. (SBUX) announced, with solid first-half financial results, the company is on track to deliver on its full-year commitments. For fiscal 2019, non-GAAP EPS is projected in the range of $2.75 to $2.79, revised from a range of $2.68 to $2.73 previously. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.71 for the fiscal year. Analysts' estimates typically exclude special items. The company continues to expect global comparable store sales growth between 3% and 4%.

from RTT - Earnings http://bit.ly/2VqMxpK
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