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Jessth
2021-04-27

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How Starbucks Could Give Its Stock a Jolt

Starbucks didn’t deliver the caffeinated sales that Wall Street wanted in the first quarter. Now, th

How Starbucks Could Give Its Stock a Jolt

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Now, th","content":"<p>Starbucks didn’t deliver the caffeinated sales that Wall Street wanted in the first quarter. Now, the coffeehouse chain gets another chance to deliver a jolt when it reports second-quarter results after the bell on Tuesday.</p>\n<p>Investors are predicting that the economic reopening will fuel a rally, and analysts are standing with them. Shares of Starbucks (ticker: SBUX) were down 1.4%, to $115.92&nbsp;on&nbsp;Monday.</p>\n<p>An end to the pandemic will help&nbsp;companies across the board, but analysts argue that Starbucks is an especially&nbsp;well-positioned recovery play since more people will be getting breakfast on the go as they return to offices and schools, and its cafes will be open once again for dine-in customers. The&nbsp;outlook in China is also brightening.</p>\n<p>Analysts are looking for Starbucks to earn 53 cents a share, on revenue of $6.78 billion. That’s up from EPS of 32 cents and revenue of $6 billion in the year-ago period.</p>\n<p>And the upbeat mood carries over to the stock. Of the 33 Starbucks analysts tracked by FactSet, 58% rate the stock at Buy and 42% at Hold. There are no bearish ratings on the Street. 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Now, the coffeehouse chain gets another chance to deliver a jolt when it reports second-quarter results ...</p>\n\n<a href=\"https://www.barrons.com/articles/how-starbucks-could-give-its-stock-a-jolt-51619463861?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://www.barrons.com/articles/how-starbucks-could-give-its-stock-a-jolt-51619463861?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152620494","content_text":"Starbucks didn’t deliver the caffeinated sales that Wall Street wanted in the first quarter. Now, the coffeehouse chain gets another chance to deliver a jolt when it reports second-quarter results after the bell on Tuesday.\nInvestors are predicting that the economic reopening will fuel a rally, and analysts are standing with them. Shares of Starbucks (ticker: SBUX) were down 1.4%, to $115.92 on Monday.\nAn end to the pandemic will help companies across the board, but analysts argue that Starbucks is an especially well-positioned recovery play since more people will be getting breakfast on the go as they return to offices and schools, and its cafes will be open once again for dine-in customers. The outlook in China is also brightening.\nAnalysts are looking for Starbucks to earn 53 cents a share, on revenue of $6.78 billion. That’s up from EPS of 32 cents and revenue of $6 billion in the year-ago period.\nAnd the upbeat mood carries over to the stock. Of the 33 Starbucks analysts tracked by FactSet, 58% rate the stock at Buy and 42% at Hold. There are no bearish ratings on the Street. 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