Benzinga | Jul 27, 2021 04:05PM EDT

Starbucks Q3 Adj. EPS $1.01 Beats $0.77 Estimate, Sales $7.50B Beat $7.24B Estimate

Starbucks (NASDAQ:SBUX) reported quarterly earnings of $1.01 per share which beat the analyst consensus estimate of $0.77 by 31.17 percent. This is a 319.57 percent increase over losses of $(0.46) per share from the same period last year. The company reported quarterly sales of $7.50 billion which beat the analyst consensus estimate of $7.24 billion by 3.59 percent. This is a 77.64 percent increase over sales of $4.22 billion the same period last year.