Starbucks Corporation (NASDAQ:SBUX) Missed Earnings 1 times

21

Starbucks Corporation (NASDAQ:SBUX) moved down -0.07% and closed its last trading session at $54.58. This Retail-Wholesale Sector stock currently has the Market Capitalization of 81.92 Billion. The Average Volume for the stock is measured as 8.57 Million. The Stock has a 52-Week High of $63.19 and 52-Week Low of $50.84 following the dates, it touched its 52-Week High on Nov 23, 2015 and 52-Week Low on Nov 4, 2016. Currently, the Return on Assets value for the trailing twelve months is 20.6% with the Return on Equity and Return on Investment of 47.2% and 34.1% respectively. This firm currently has YTD (year to date) performance of -8.14 Percent which is not good. The Short Ratio for the stock is 2.04.

Starbucks Corporation (NASDAQ:SBUX) Price to Earnings (P/E) ratio is 30.53. EPS or Earning per Share stands at $1.79. The TTM operating margin is 18.8 percent.

Starbucks Corporation (NASDAQ:SBUX) reports its Earnings on Thu 3 Nov (7 days ago). The estimated EPS for the current quarter is said to be $0.55. Following Earnings result, share price were UP 17 times out of last 27 Qtrs. The stock has reduced about -7.7% since it reported its last earnings. The Closing price of Starbucks Corporation (NASDAQ:SBUX) at Last Earnings was $ as compared to the previous closing price of $54.62. The Predicted Move on the 7th day after Starbucks Corporation (NASDAQ:SBUX) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Starbucks Corporation (NASDAQ:SBUX) beats earnings by 41%, The Stock Missed Earnings  1 times and has met earnings  6  times.

Earnings History:

We will discuss the past Quarters Earnings below:

On 07/21/2016, the stock reported the EPS of $0.49 where Analysts were projecting the EPS to be $0.49 showing a difference of $0. Thus Surprise Factor was there with 0 percent. Before Earnings Announcement on 07/21/2016, the firm had its stock price of $57.4. And immediately on the next day after earnings announcement, the stock inclined 0.52% and closed its trading session at $57.7. On 7th Day after earnings release, Starbucks Corporation (NASDAQ:SBUX) surged to 1.06% from $57.4 to $58.01.

On 04/21/2016, Analysts were suspecting EPS of $0.39/share where Starbucks Corporation (NASDAQ:SBUX) reported its Actual EPS of $0.39. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $60.21 while on the Next day the stock closed its trading session at $57.27 with a percentage change of -4.88% from the price of 60.21 before Earnings. The Stock Closing Price on the 7th day of earnings was $56.02.

Company Profile:

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water. The company’s stores also provide fresh food and snack offerings; and various food products, such as pastries, and breakfast sandwiches and lunch items, as well as serve ware, beverage-making equipment, and accessories. In addition, it licenses its trademarks through licensed stores, and grocery and national foodservice accounts. The company offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Starbucks VIA, Seattle’s Best Coffee, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks Discoveries Iced Café Favorites brand names. As of March 27, 2016, it operated 23,921 cafes. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington.

-