Starbucks (SBUX) will report Q2 earnings this afternoon (16:05 last quarter) with a conference call to follow at 4:30 PM ET.
Current Cap IQ consensus estimates Q2 adj. EPS of $0.53 (+18% Y/Y) on revs of $5.93 bln (+12%). Comps estimate of 1.87%
FY18 guidance calls for adj. EPS of $2.48-2.53 on high single digit revs growth w/ comps of 3.5%
The Street expects FY 18 EPS of $2.49 on revs of $24.79 bln (+11%).
TECHS:
SBUX trades at 19x earnings estimates compared w/ its biggest publicly-traded competitor Dunkin' (DNKN 16x).