Starbucks Corp. Q1 Income Advances 15%

(RTTNews) - Starbucks Corp. (SBUX) announced earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line climbed to $1.07 billion, or $0.46 per share. This was up from $0.93 billion, or $0.40 per share, in last year's first quarter.

Analysts had expected the company to earn $0.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.9% to $5.37 billion. This was up from $4.80 billion last year.

Starbucks Corp. earnings at a glance:

-Earnings (Q1): $1.07 Bln. vs. $0.93 Bln. last year. -Earnings Growth (Y-o-Y): 15.1% -EPS (Q1): $0.46 vs. $0.40 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.45 -Revenue (Q1): $5.37 Bln vs. $4.80 Bln last year. -Revenue Change (Y-o-Y): 11.9%

-Guidance: Next quarter EPS guidance: $0.38 - $0.39 Full year EPS guidance: $1.87 - $1.89