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Starbucks Shares Are Up After Earnings Report Beat Estimates

Video Credit: Wochit Business - Duration: 00:51s - Published < > Embed
Starbucks Shares Are Up After Earnings Report Beat Estimates

Starbucks Shares Are Up After Earnings Report Beat Estimates

According to Markets Insider, shares for Starbucks spiked by 1.6-percent during after-hours trading.

Starbuck's stock rose after the company released a better-than-expected earnings report for the first quarter of 2019.

Starbucks beat analyst expectations for adjusted earnings per share by 4 cents, gaining about 60 cents per share during the first quarter of 2019.

The coffee chain also increased its fiscal guidance for 2019.

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Starbucks Shares Are Up After Earnings Report Beat Estimates

A DEC.

13, 2018, FILE PHOTO




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