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Loss Of Investor Appetite Justified? McDonald's Analysts Dig Into Q4 Print: 'We Are Pleased'
Monday, February 5, 2024 - 12:13pm | 340Shares of McDonald's Corp (NYSE: MCD) slipped in premarket trading on Monday, after the company reported mixed results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Stephens analyst Joshua Long maintained an...
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Starbucks Fails To Serve Hot Results, Brewing Analyst Concerns Over China Sales, Boycott Effects
Wednesday, January 31, 2024 - 1:16pm | 628Shares of Starbucks Corp (NASDAQ: SBUX) were trading lower on Wednesday after the company reported its first-quarter results short of expectations. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Wedbush On Starbucks Analyst Nick Setyan...
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Is Starbucks Too Dependent On China? 5 Analyst Takeaways On Mixed Q3 Print, Outlook
Wednesday, August 2, 2023 - 12:17pm | 667Shares of Starbucks Corp (NASDAQ: SBUX) rose in early trading on Wednesday, after the company reported mixed fiscal third-quarter (Q3) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Wedbush analyst Nick Setyan maintained a...
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Why These 2 McDonald's Analysts Are Bullish After Q3 Earnings Beat
Thursday, October 27, 2022 - 10:02am | 295McDonald's Corp (NYSE: MCD) Thursday reported its third-quarter results. The restaurant chain’s earnings of $2.68 per share beat Street expectations, although revenues declined on a year-on-year basis. Stephens On McDonald's Analyst Joshua Long maintained an Overweight rating with a...
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4 Starbucks Analysts React To Investor Day: 'Attractive Risk-Reward And Valuation'
Wednesday, September 14, 2022 - 10:54am | 610Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO. Starbucks holds investor day events once every two years to update investors on its long-term...
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Why This Starbucks Analyst Is Surprised By New CEO Choice — And Optimistic
Friday, September 2, 2022 - 1:18pm | 408Starbucks Corporation (NYSE: SBUX) announced late Thursday the appointment of Reckitt Benckiser Group plc (OTC: RBGLY) top brass Laxman Narasimhan as its next chief executive officer effective April 1, 2023. He will join the company as the incoming CEO on Oct. 1. The Starbucks Analyst: Cowen...
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Analyst Upgrades Starbucks Following Post-Earnings Sell-Off: 'Market Is Being Shortsighted'
Monday, November 1, 2021 - 11:47am | 576Starbucks Corporation (NASDAQ: SBUX) shares bounced back on Monday after the stock received a Wall Street upgrade by an analyst who believes the stock’s post-earnings sell-off is overdone. The Analyst: Stephens analyst James Rutherford upgraded Starbucks from Equal Weight to Overweight...
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'Exceptional Unit Level Economics': Analysts Initiate Coverage Of Dutch Bros Following Quiet Period
Monday, October 11, 2021 - 6:24pm | 514Dutch Bros Inc (NYSE: BROS) shares gained 15.7% on Monday, continuing the stock’s strong run following its September IPO. Dutch Bros is off to a hot start to life on the public market and has now more than doubled its $23 IPO price. In the second quarter of 2021, Dutch Bros reported $114...
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What 2 Starbucks Analysts See Brewing After Q3 Earnings
Thursday, July 29, 2021 - 12:56pm | 499Following Starbucks Corp’s (NASDAQ: SBUX) third-quarter earnings beat on Tuesday, July 27, analysts at Morgan Stanley and Cowen provided their key takeaways and future outlook. Starbucks Q3 Earnings Recap EPS came in at $1.01, beating consensus estimates of 77 cents by 31%. Revenue...
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Wendy's Analysts Break Down Q1 Beat: 'Further Upside Exists'
Thursday, May 13, 2021 - 4:08pm | 500Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...
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Bring On The Olive Garden Breadsticks! Analyst Is Bullish For Darden Restaurants
Thursday, May 6, 2021 - 4:08pm | 236Despite industry-related input costs and labor headwinds, Darden Restaurants, Inc. (NYSE: DRI) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen. The Darden Restaurants Analyst: Andrew Charles upgraded the rating for Darden Restaurants from...
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Starbucks Falls On Global Growth Concerns But Here's Why This Analyst Continues To See It As Best Reopening Play
Wednesday, April 28, 2021 - 2:54am | 440While shares of Starbucks Corp. (NASDAQ: SBUX) fell almost 2% in Tuesday’s extended trading session amid worries about the company’s international growth, Cowen Equity Research said the world’s largest coffee chain continues to be its favorite U.S. “reopening” stock....
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Starbucks Gets Cowen Upgrade On Expectations Of Footfalls Reaching Pre-Pandemic Levels: What You Should Know
Thursday, March 18, 2021 - 3:07am | 446The world’s largest coffee chain Starbucks Corp’s (NASDAQ: SBUX) customer visitation is expected to go back to pre-COVID-19 levels for when the vaccine is widely available, according to a survey conducted by Cowen Equity Research. The Starbucks Analyst: Cowen analyst Andrew Charles has...
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Domino's, Papa John's Deliver Disappointing Earnings: Here's What Happened
Thursday, February 25, 2021 - 12:05pm | 598Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...
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Chipotle Stock Falls After Q4 Print: Should Investors Buy The Dip?
Wednesday, February 3, 2021 - 1:35pm | 938Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...