LIVE: Starbucks' Q3 Earnings
REUTERS/Stefan Wermuth
Starbucks announces earnings after the bell.Expectations are for adjusted EPS of $0.66, and revenue of $4.14 billion.
Analysts see comp sales up 5.1%.
Shares were up about 2% into the market close.
Coffee futures have climbed 61% this year, more than any other commodity listed at FinViz.
Wedbush sees same-store sales tracking "inline to slightly above" estimates thanks to new foods, teas, and seasonal Frappuccino items.