Last quarter Starbucks (SBUX) beat estimates by one cent per share and it is up again on Thursday, July 26, 2012.

Expectations

Analysts currently expect Starbucks to come in with earnings of 45 cents per share on revenues of $3.33 billion. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 46 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $4.37 per share between June 13, 2012 and June 20, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $7.54 (-12.7%), from $59.50 to $51.96.

Company Fundamental Trends

The impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 28.5% in the fourth quarter of the last fiscal year and 10.2% in the first quarter before increasing again in the second quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 12.3% in the third quarter of the last fiscal year, 6.8% in the fourth quarter of the last fiscal year and 16.4% in the first quarter before increasing again in the second quarter. Stock Ratings

Analysts are bullish on the stock as 20 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the second quarter, profit rose 18.5% to $309.9 million (40 cents a share) from $261.6 million (34 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 14.7% to $3.2 billion from $2.79 billion.

Summary

Reporting Period: 3Q

Date of Release: Thursday, July 26, 2012

EPS: 45 cents

Revenue Estimate: $3.33 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)