Starbucks: Analysts Expect Q4 Earnings of $0.99 Per Share
Starbucks (NASDAQ: SBUX) will be reporting its fourth quarter financial results today after the markets close. Analysts have a consensus $129.25 12-month price target on the company, via a total of 37 analysts, with 12 analysts having strong buy ratings. 10 analysts meanwhile have buy ratings, 14 analysts have a hold rating and a single analyst has a sell rating on the company. The street high comes from Kalinowski Equity Research with a $148 price target, and the lowest target sits at $95.
26 analysts have revenue estimates for the fourth quarter. The mean revenue estimate between all 26 analysts is $8.21 billion; this number has been revised upwards from $8.07 billion at the start of April. The highest revenue estimate is $8.45 billion, while the lowest is $7.92 billion.
Onto EBITDA estimates, there are currently 18 analysts who have fourth-quarter EBITDA estimates. The mean is currently $1.93 billion, with this number having been revised upwards from $1.9 billion at the start of April. The street high estimate currently sits at $2.05 billion in EBITDA and the lowest is $1.85 billion.
Analysts estimate that quarterly earnings per share will come in at $0.99, with this number being revised upwards from $0.96 at the start of April. Street high is $1.05 and the lowest estimate is $10.93 per share for the quarter.
Information for this briefing was found via Edgar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.