Starbucks (SBUX) earnings for the quarter ended September 2026: EPS beats estimates
Starbucks reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $0.80 against the analysts’ average forecast of $0.71, a beat of 13.4%.
Revenue for the quarter was $9.14 billion, down 4.5% from $9.57 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 0.5% on the first trading day after the report.
The last four quarters
Starbucks has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $0.80 | $0.71 | +13.4% | −4% | +0.5% |
| Jun 2026 | $0.85 | $0.65 | +30.8% | −1% | +2.7% |
| Mar 2026 | $0.50 | $0.44 | +14.5% | +9% | +7.8% |
| Dec 2025 | $0.56 | $0.59 | −4.6% | +6% | −1.9% |
What comes next
Analysts expect EPS of $0.75 for the next quarter on average and $3.22 for the fiscal year ending September 30, 2027.
The average analyst price target is $111.07, 4% above the current price of $106.44.
Valuation and score
Starbucks scores 1.6 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 48.2, and its intrinsic value under moderate assumptions is about 52% below the current market value. Full Starbucks analysis with 10 years of financials
Frequently asked questions
What was Starbucks’s EPS for the quarter ended September 2026?
$0.80 adjusted per share, against an analyst consensus of $0.71.
How much revenue did Starbucks report?
$9.14 billion, down 4.5% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.