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MarketBeat
MarketBeat
Business
Chris Markoch

Starbucks Gets a Jolt After Earnings, But Will the Buzz Last?

Starbucks Corp. (NASDAQ: SBUX) stock briefly spiked 5% higher after the company delivered mixed earnings before market open on Jan. 28.

Starbucks posted revenue of $9.92 billion, which came in ahead of the forecast for $9.62 billion. Earnings per share (EPS), however, came in at 56 cents, which missed estimates by 3 cents. 

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