Benzinga | Oct 28, 2021 04:43PM EDT

Starbucks: Q4 Earnings Insights

Starbucks (NASDAQ:SBUX) reported its Q4 earnings results on Thursday, October 28, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Starbucks beat their estimated earnings by 1.01%, reporting an EPS of $1.0 versus an estimate of $0.99, which did not surprise analysts.

Revenue was up $1,944,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24, which was followed by a 2.87% drop in the share price the next day.

Here's a look at Starbucks's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.77 0.53 0.55 0.31EPS Actual 1.01 0.62 0.61 0.51Revenue Estimate 7.24B 6.82B 6.93B 6.04BRevenue Actual 7.50B 6.67B 6.75B 6.20B

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