Starbucks (SBUX) Q2 Earnings and Revenues Miss Estimates

Starbucks (SBUX) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.92%. A quarter ago, it was expected that this coffee chain would post earnings of $0.92 per share when it actually produced earnings of $0.90, delivering a surprise of -2.17%.Over the last four quarters, the company ...