Starbucks (SBUX) to Post Q1 Earnings: What's in the Offing?

Starbucks Corporation (SBUX) is scheduled to report first-quarter fiscal 2024 results on Jan 30, after the closing bell. In the last reported quarter, the company delivered an earnings beat of 9.3%.Q1 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 93 cents per share, indicating growth of 24% from the year-ago levels. In the past 7 days, earnings estimates have witnessed downward revisions by 1%. The Zacks Consensus Estimate for revenues is pegged at $9.6 billion, suggesting an increase of 1 ...