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Starbucks Third Quarter Earnings Preview
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Starbucks (Nasdaq:SBUX) will release its third quarter results on Thursday, July 26, 2012. Analysts are expecting the company to report a profit of 45 cents a share, up from 36 cents a year ago.
Earnings season is important to investors because it shows how much profit is left in the company's hand after deducting costs from revenue. SEE: Surprising Earnings Results
What to Expect: Starbucks is expected to report 45 cents per share, up 25% from a year ago when the company reported earnings of 36 cents per share.
Three months ago, the consensus estimate was 46 cents. For the fiscal year, analysts are expecting earnings of $1.83 per share.
Starbucks is expected to report revenue of $3.33 billion for the quarter, beating last year's figure of $2.93 billion by 13.6%. Revenue for the fiscal year is expected to come in at $13.38 billion.
Company Performance: Revenue for Starbucks has been on the rise for four consecutive quarters. It rose 14.7% in the second quarter, 16.4% in the first quarter, 6.8% in the fourth quarter of the last fiscal year and 12.3% in the third quarter of the last fiscal year.
Price/earnings ratios (P/E ratios) provide a measure of the relative value of a stock. A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: Investment Valuation Ratios: Price/Earnings Ratio
Since April 25, 2012, the stock price has dipped 12.7% to $51.96 from $59.50. Starbucks' best recent streak was when its price gained $4.37 per share between June 13, 2012 and June 20, 2012.
Earnings season is important to investors because it shows how much profit is left in the company's hand after deducting costs from revenue. SEE: Surprising Earnings Results
What to Expect: Starbucks is expected to report 45 cents per share, up 25% from a year ago when the company reported earnings of 36 cents per share.
Three months ago, the consensus estimate was 46 cents. For the fiscal year, analysts are expecting earnings of $1.83 per share.
Starbucks is expected to report revenue of $3.33 billion for the quarter, beating last year's figure of $2.93 billion by 13.6%. Revenue for the fiscal year is expected to come in at $13.38 billion.
Company Performance: Revenue for Starbucks has been on the rise for four consecutive quarters. It rose 14.7% in the second quarter, 16.4% in the first quarter, 6.8% in the fourth quarter of the last fiscal year and 12.3% in the third quarter of the last fiscal year.
Price/earnings ratios (P/E ratios) provide a measure of the relative value of a stock. A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: Investment Valuation Ratios: Price/Earnings Ratio
Since April 25, 2012, the stock price has dipped 12.7% to $51.96 from $59.50. Starbucks' best recent streak was when its price gained $4.37 per share between June 13, 2012 and June 20, 2012.
by
Investopedia Staff
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