Starbucks Corporation (NASDAQ: SBUX) is expected to release financial results for its fourth quarter, before the opening bell on Nov. 2, 2023.
Analysts expect the company to post quarterly earnings at 92 cents per share, up from year-ago earnings of 81 cents per share. The company’s revenue might come in at $8.76 billion, compared to $8.41 billion in the year-ago period.
Starbucks’s Board of Directors recently approved a 7.5% increase in the company's quarterly cash dividend from $0.53 to $0.57 per share, raising the company's annual dividend rate to $2.28 per share.
Starbucks shares fell 1% to ...