Wednesday April 14, 2021, 16:40:00
Starbucks plans to release its fiscal Q2 (calendar Q1) 2021 earnings after the market close on Tuesday, April 27th. How do SBUX shares tend to trade heading into earnings, and the day after an earnings release?
Monday April 12, 2021, 16:44:00
Ahead of Starbucks’ fiscal Q2 earnings release planned for after the market close on Tuesday, April 27th, we raise our fiscal Q2E U.S. same-store sales forecast by +1 percentage point, to +9%. According to Consensus Metrix data, this places us as the “high forecast on the sell-side” in this regard. As of this writing, sell-side consensus for fiscal Q2E U.S. same-store sales is at +6.7%, although remember that Starbucks does not report its same-store sales out past the decimal point.
Tuesday January 26, 2021, 15:23:00
After Tuesday’s market close, Starbucks reported adjusted fiscal Q1 (calendar Q4) EPS of $0.61, above its previously-stated $0.50-$0.55 target range. Our forecast was at $0.54, with sell-side consensus (according to Consensus Metrix) of $0.55.
Thursday October 10, 2024
Thursday October 10, 2024