Starbucks reports better than expected fourth quarter earnings

Filed under: Major movement, Earnings reports, Forecasts, Good news, Competitive strategy, Starbucks (SBUX)

Shares of Starbucks (NASDAQ: SBUX) are trading up in after hours trading today after the company posted strong Q4 earnings numbers after the market close.

As we noted in our earnings preview, the company was expected to show earnings for the quarter of 21 cents per share on $2.39 billion in revenues. The actual numbers came in at 24 cents per share with revenues of $2.4 billion.

Continue reading Starbucks reports better than expected fourth quarter earnings

Starbucks reports better than expected fourth quarter earnings originally appeared on BloggingStocks on Thu, 05 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=1969ef8c2d8872b39514bc05f2ed70d1