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Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Starbucks (SBUX) was reported on October 22, 2024 for the full year 2024. The company provided earnings per share guidance in the range of $3.31 to $3.31, compared to the estimated EPS of $3.55. Additionally, Starbucks forecasted revenue between $36.18B and $36.18B for the quarter.
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