Starbucks Corporation (SBUX) Earnings In Line; EPS $0.48

Starbucks Corporation (NASDAQ:SBUX) released its earnings report for the first three months of 2013 this afternoon, Thursday April 25, after the market closed. The company showed earnings per share of $0.48 for the first quarter for the year, which Starbucks counts as its second fiscal quarter, on revenues totaling $3.56 billion. On today's market the firm's stock trended up, closing at $60.50 per share.

Before the earnings report was released, analysts were looking for earnings of 48 cents per share from the company on revenues totaling $3.6 billion. The company earned 40 cents per...