Starbucks sees hotter-than-expected earnings for 2021
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October 30, 2020 7:19 AM EDT
BMO Capital analyst Andrew Strelzik raised the price target on Starbucks (NASDAQ: SBUX) to $93.00 (from $75.00) while maintaining a Market Perform rating following the company's 4Q earnings report. EPS of $0.51 exceeded consensus by $0.20 reflecting stronger comps/ margins.
SBUX provided FY21 guidance largely in... More
October 30, 2020 7:09 AM EDT
BMO Capital analyst Andrew Strelzik raised the price target on Dunkin' Brands (NASDAQ: DNKN) to $80.00 (from $66.00) while maintaining a Market Perform rating following the company's 3Q earnings report. EPS of $0.93 exceeded consensus by $0.13, driven by better-than-expected comps, franchise fees, and operating margins, as well... More
October 29, 2020 4:10 PM EDT
Starbucks (NASDAQ: SBUX) reported Q4 EPS of $0.51, $0.20 better than the analyst estimate of $0.31. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.06 billion.
Q4 Comparable Store Sales of -9% in the U.S. and -3% in China, Demonstrating Sustained Recovery
GUIDANCE:
Starbucks sees... More
