Starbucks Corp (SBUX) is a popular American coffee company and coffeehouse chain. Company locations serve hot and cold drinks, whole-bean coffee, specialty coffee drinks, full-leaf teas, pastries, and pre-packaged food items. Starbucks was founded in 1971 and is headquartered in Seattle, Washington.

Currently, Yelp has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Starbucks:

1. Missed earnings estimates. The company posted $0.43, just missing our Zacks Consensus Estimate of $0.44.

2. Beat revenue estimates. The company saw revenue figures of $4.914 billion, beating our estimate of $4.888 billion.

3. Posted operating income $981.3 million up 14% over Q4 FY14 non-GAAP operating income.
 
4. CEO and Chaiman Howard Schultz said “Starbucks record Q4 financial results, highlighted by stunning comp store sales increases of 8% globally, 9% in the U.S. driven by a 4% increase in global traffic, demonstrate the strength and relevance of the Starbucks brand around the world.”

5. SBUX was down $1.60, or 2.56%, to $60.90 as of 4:54 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph looking at Starbuck’s year-over-year earnings surprise:

Starbucks Corporation (SBUX – Analyst Report) – Earnings Surprise | FindTheCompany

 

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