In the last trading session, shares of Starbucks (SBUX) closed at $92, indicating a -0.8% decline from the previous day. This change was less than the S&P 500’s daily loss of 1.47%. Elsewhere, the Dow lost 1.14% and the Nasdaq Technology Index lost 1.57%.

Prior to today’s trading, coffee chain stocks had lost 4.43% over the past month. That lags behind the retail and wholesale sector’s 1.09% loss and the S&P 500’s 1.43% loss over that time.

Wall Street will be expecting positive momentum from Starbucks ahead of its next earnings report. On that day, Starbucks is projected to report earnings of $0.96 per share, which would mean a year-over-year increase of 18.52%. Meanwhile, the Zacks’ consensus estimate for revenue forecasts net sales of $9.23 billion, up 9.67% year-over-year.

Looking at the full year, our Zacks consensus estimates have analysts expecting earnings of $3.45 per share and revenue of $35.83 billion. Compared to last year, these numbers would change by +16.55% and +11.1%, respectively.