Headline: Starbucks Disappoints: Earnings Lag at $0.23, Falling Short of Expectations
Starbucks (NASDAQ: SBUX) reported fourth-quarter earnings per share of $0.80, falling short of analysts' expectations of $1.03 by $0.23. The reported revenue for the quarter was $9.1 billion, compared to an analyst expectation of $9.38 billion.
Starbucks shares closed the day at $96.82, indicating a 30.75% increase over three months and a 2.33% increase over the past 12 months. Over the last 90 days, Starbucks had 4 positive EPS and 20 negative EPS. According to InvestingPro, the company's financial health score is "Quite Good performance."
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