Starbucks (NASDAQ: SBUX) Releases Earnings Report: Shares Gain in After-Hours
03 Novembro 2022 - 05:14PM
TipRanks
Shares of Starbucks (NASDAQ: SBUX) gained over 3% in after-hours
trading after the company reported earnings for its fourth quarter
of Fiscal Year 2022. Adjusted earnings per share came in at $0.81,
which beat analysts' consensus estimate of $0.72 per share. Sales
increased by 3.2% year-over-year, with revenue hitting $8.41
billion. This beat analysts' expectations of $8.316 billion. What
is the Target Price for SBUX Stock? SBUX stock has a Moderate Buy
consensus rating based on 10 Buys, 10 Holds, and zero Sells
assigned in the past three months. The average SBUX stock price
target of $100.20 implies 18.27% upside potential.
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Starbucks (NASDAQ:SBUX)
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