Several leading brand-name companies are scheduled to report earnings during the regular trading session Thursday, including Altria Group (MO) - Get Altria Group Inc. Report , MasterCard (MA) - Get Mastercard Incorporated Report , Time Warner Cable (TWC) , Sony (SNE) - Get Sony Corp. Report , Nokia (NOK) - Get Nokia Corporation Sponsored American Depositary Shares Report and MGM Resorts International (MGM) - Get MGM Resorts International Report .
Analysts expect Starbucks to report a fiscal fourth quarter profit of 43 cents a share on revenue of nearly $5 billion. Both are expected to be higher than the same period last year. But some experts are wondering if Starbucks will be hit by a devalued Chinese yuan.
Overall, the company has been doing well during the past few quarters. Recently, Starbucks announced a pilot food and beverage delivery service at New York's Empire State Building. About 12,000 office workers at the skyscraper will be able to order coffee, espresso beverages, breakfast or lunch and have it delivered through the "Green Apron Delivery" service within 30 minutes.
Customers will be charged a $2 delivery fee, Starbucks said. Earlier this year, the company said it would begin testing out delivery services in the second half of 2015.
Benjamin Stoto, director of research for CNBC's "Mad Money," said he'll be "looking at the global same-store sales growth." Investors should also keep an eye on some of the company's technology initiatives such as mobile ordering, plus the growth of its customer loyalty program and its pilot programs for delivery service.
Also on Thursday, GDP numbers and jobless claims will be reported in the morning. In addition, Atlanta Fed President Dennis Lockhart is set to speak in Washington, D.C. Pending home sales numbers will be released at 10 a.m. ET.