Investing.com - Starbucks reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Starbucks announced earnings per share of $1 on revenue of $8.15B. Analysts polled by Investing.com EPS of $0.9971 on revenue of $8.24B.
Starbucks 's are up 15% and is trading at $112.10 , still down 10.42% from its 52 week high of $126.32 set on Friday, July 23, 2021.
Starbucks shares lost 0.94% to trade at $112.10 in after-hours trade the report.
Starbucks follows other major Services sector earnings this month
Starbucks's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $6.12 on revenue of $110.8B, EPS of $8.91 on revenue of $111.62B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.62 on revenue of $6.56B, for EPS of $1.55 on revenue of $6.52B.
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