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Starbucks (SBUX) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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Wall Street analysts expect Starbucks (SBUX - Free Report) to post quarterly earnings of $0.73 per share in its upcoming report, which indicates a year-over-year increase of 40.4%. Revenues are expected to be $9.27 billion, down 3.1% from the year-ago quarter.
Over the last 30 days, there has been a downward revision of 0.5% 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.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Starbucks metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Net Revenues- Company-operated stores' should come in at $7.42 billion. The estimate indicates a change of -5.7% from the prior-year quarter.
Analysts' assessment points toward 'Net Revenues- Licensed stores' reaching $1.21 billion. The estimate indicates a change of +10.9% from the prior-year quarter.
Analysts predict that the 'Net Revenues- Other' will reach $639.62 million. The estimate indicates a year-over-year change of +4.2%.
The consensus estimate for 'Net Revenues- Channel Development' stands at $571.02 million. The estimate indicates a year-over-year change of +5.2%.
Analysts expect 'Net Revenues- North America' to come in at $7.34 billion. The estimate indicates a change of +6.3% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Revenues- Company-operated stores- International' should arrive at $813.60 million. The estimate suggests a change of -48.6% year over year.
It is projected by analysts that the 'Net Revenues- Licensed stores- International' will reach $593.65 million. The estimate indicates a year-over-year change of +26%.
The consensus among analysts is that 'Net Revenues- Licensed stores- North America' will reach $626.23 million. The estimate suggests a change of +0.7% year over year.
The collective assessment of analysts points to an estimated 'Total Stores' of 41,477 . The estimate is in contrast to the year-ago figure of 40,990 .
Analysts forecast 'Comparable Store Sales - International - Sales Growth' to reach 3.2%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Total Stores - International' will likely reach 23,157 . Compared to the present estimate, the company reported 22,679 in the same quarter last year.
The average prediction of analysts places 'Total Stores - North America' at 18,331 . The estimate is in contrast to the year-ago figure of 18,311 .
Over the past month, Starbucks shares have recorded returns of +6.3% versus the Zacks S&P 500 composite's -1.2% change. Based on its Zacks Rank #2 (Buy), SBUX will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Starbucks (SBUX) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts expect Starbucks (SBUX - Free Report) to post quarterly earnings of $0.73 per share in its upcoming report, which indicates a year-over-year increase of 40.4%. Revenues are expected to be $9.27 billion, down 3.1% from the year-ago quarter.
Over the last 30 days, there has been a downward revision of 0.5% 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.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Starbucks metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Net Revenues- Company-operated stores' should come in at $7.42 billion. The estimate indicates a change of -5.7% from the prior-year quarter.
Analysts' assessment points toward 'Net Revenues- Licensed stores' reaching $1.21 billion. The estimate indicates a change of +10.9% from the prior-year quarter.
Analysts predict that the 'Net Revenues- Other' will reach $639.62 million. The estimate indicates a year-over-year change of +4.2%.
The consensus estimate for 'Net Revenues- Channel Development' stands at $571.02 million. The estimate indicates a year-over-year change of +5.2%.
Analysts expect 'Net Revenues- North America' to come in at $7.34 billion. The estimate indicates a change of +6.3% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Revenues- Company-operated stores- International' should arrive at $813.60 million. The estimate suggests a change of -48.6% year over year.
It is projected by analysts that the 'Net Revenues- Licensed stores- International' will reach $593.65 million. The estimate indicates a year-over-year change of +26%.
The consensus among analysts is that 'Net Revenues- Licensed stores- North America' will reach $626.23 million. The estimate suggests a change of +0.7% year over year.
The collective assessment of analysts points to an estimated 'Total Stores' of 41,477 . The estimate is in contrast to the year-ago figure of 40,990 .
Analysts forecast 'Comparable Store Sales - International - Sales Growth' to reach 3.2%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Total Stores - International' will likely reach 23,157 . Compared to the present estimate, the company reported 22,679 in the same quarter last year.
The average prediction of analysts places 'Total Stores - North America' at 18,331 . The estimate is in contrast to the year-ago figure of 18,311 .
View all Key Company Metrics for Starbucks here>>>Over the past month, Starbucks shares have recorded returns of +6.3% versus the Zacks S&P 500 composite's -1.2% change. Based on its Zacks Rank #2 (Buy), SBUX will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .