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.