Post-earnings recap
Reported
Thu, Jul 26, 2018
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
38%
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Est. EPS
—
Est. Rev
—
Impl. Move
—
Starbucks reported an EPS of $0.62, slightly beating expectations. However, the stock fell by 0.33% after the earnings release, indicating that investors may have been looking for more detailed guidance or revenue figures. The lack of specific future guidance could have contributed to the stock's decline.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.62 | N/A | +1.65% |
Management expressed satisfaction with the EPS results, highlighting strong customer engagement. However, they did not provide specific guidance for future quarters.
We are pleased with our performance this quarter, particularly in our U.S. stores.
Customer engagement remains strong, and we are focused on enhancing the customer experience.