We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Starbucks (SBUX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
The upcoming report from Starbucks (SBUX - Free Report) is expected to reveal quarterly earnings of $0.43 per share, indicating an increase of 4.9% compared to the year-ago period. Analysts forecast revenues of $9.16 billion, representing an increase of 4.5% year over year.
Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Starbucks metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Revenues- Company-operated stores' stands at $7.61 billion. The estimate points to a change of +4.4% from the year-ago quarter.
It is projected by analysts that the 'Net Revenues- Licensed stores' will reach $1.04 billion. The estimate indicates a year-over-year change of +2.6%.
Analysts forecast 'Net Revenues- Other' to reach $528.43 million. The estimate indicates a change of +14.7% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Revenues- Channel Development' should come in at $465.57 million. The estimate indicates a change of +13.8% from the prior-year quarter.
The consensus among analysts is that 'Net Revenues- North America' will reach $6.66 billion. The estimate suggests a change of +2.9% year over year.
The combined assessment of analysts suggests that 'Net Revenues- Company-operated stores- International' will likely reach $1.54 billion. The estimate indicates a change of +8.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Licensed stores- International' of $437.87 million. The estimate indicates a year-over-year change of +7.9%.
Analysts expect 'Net Revenues- Licensed stores- North America' to come in at $605.02 million. The estimate points to a change of -0.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Total Stores' should arrive at 41,270 . Compared to the current estimate, the company reported 40,789 in the same quarter of the previous year.
Analysts' assessment points toward 'Total Stores - International' reaching 22,882 . Compared to the present estimate, the company reported 22,162 in the same quarter last year.
Analysts predict that the 'Total Stores - North America' will reach 18,387 . Compared to the current estimate, the company reported 18,627 in the same quarter of the previous year.
The average prediction of analysts places 'Net stores opened/(closed) - Total - International' at 137 . The estimate compares to the year-ago value of 123 .
Shares of Starbucks have experienced a change of +7.4% in the past month compared to the +9.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), SBUX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Seeking Clues to Starbucks (SBUX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from Starbucks (SBUX - Free Report) is expected to reveal quarterly earnings of $0.43 per share, indicating an increase of 4.9% compared to the year-ago period. Analysts forecast revenues of $9.16 billion, representing an increase of 4.5% year over year.
Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Starbucks metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Revenues- Company-operated stores' stands at $7.61 billion. The estimate points to a change of +4.4% from the year-ago quarter.
It is projected by analysts that the 'Net Revenues- Licensed stores' will reach $1.04 billion. The estimate indicates a year-over-year change of +2.6%.
Analysts forecast 'Net Revenues- Other' to reach $528.43 million. The estimate indicates a change of +14.7% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Revenues- Channel Development' should come in at $465.57 million. The estimate indicates a change of +13.8% from the prior-year quarter.
The consensus among analysts is that 'Net Revenues- North America' will reach $6.66 billion. The estimate suggests a change of +2.9% year over year.
The combined assessment of analysts suggests that 'Net Revenues- Company-operated stores- International' will likely reach $1.54 billion. The estimate indicates a change of +8.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Licensed stores- International' of $437.87 million. The estimate indicates a year-over-year change of +7.9%.
Analysts expect 'Net Revenues- Licensed stores- North America' to come in at $605.02 million. The estimate points to a change of -0.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Total Stores' should arrive at 41,270 . Compared to the current estimate, the company reported 40,789 in the same quarter of the previous year.
Analysts' assessment points toward 'Total Stores - International' reaching 22,882 . Compared to the present estimate, the company reported 22,162 in the same quarter last year.
Analysts predict that the 'Total Stores - North America' will reach 18,387 . Compared to the current estimate, the company reported 18,627 in the same quarter of the previous year.
The average prediction of analysts places 'Net stores opened/(closed) - Total - International' at 137 . The estimate compares to the year-ago value of 123 .
View all Key Company Metrics for Starbucks here>>>Shares of Starbucks have experienced a change of +7.4% in the past month compared to the +9.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), SBUX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .