Investing.com – Starbucks (NASDAQ:SBUX) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Starbucks announced earnings per share of $0.81 on revenue of $8.4B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $8.33B.
Starbucks shares are up 18% from the beginning of the year, still down 28.12% from its 52 week high of $117.80 set on January 3.
Starbucks shares gained 2.43% in after-hours trade following the report.
Starbucks’s report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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