Wisco Research Maintains Hold Rating On Starbucks Corporation (SBUX)

Analyst Greg Schroeder at Wisco Research has released an update on Starbucks Corporation (NASDAQ: SBUX). The company will report its second-quarter results on Wednesday.

Wisco Research expects the company to report EPS of $0.23 on revenue of $2.42 billion in its second-quarter. The research firm expects the total revenue in the U.S. segment to increase by 2%. Revenue in the international segment is expected to increase by 14.6%. The research firm believes that transaction growth in both U.S. and international markets will be a key metric to help gauge the consumer’s propensity to spend again.

Wisco Research has maintained its Hold rating for Starbucks Corporation.