SBUX (Post-Call): Quarter-to-Quarter EPS Volatility a Bit Frothy

By Ryan D. Lavender Published on January 26, 2021 at 3:23 PM

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.

PZZA The Papa John’s Train Keeps a-Rollin’

By Mark Kalinowski Published on August 25, 2020 at 12:00 AM

Earlier today, Papa John’s (PZZA; Buy, $98.54) provided what we view as a favorable business update.

YUM (Post-Call) All Three Larger U.S. Brands Posting Positive Comps in July

By Mark Kalinowski Published on July 30, 2020 at 12:00 AM

Earlier today, Yum Brands (YUM; Neutral, $91.46) reported that its adjusted Q2 EPS came to $0.82, well ahead of our $0.55 forecast and sell-side consensus (according to Consensus Metrix) of $0.57. The $0.82 figure included a +21 cent benefit related to Yum’s investment in Grubhub (GRUB; Not Rated). Adjusted EPS would have been about $0.61 excluding the mark-to-market for this investment.