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Starbucks Q3 Earnings Preview: Estimates, Analyst Price Targets And Key Items To Watch
Tuesday, August 1, 2023 - 11:01am | 657Coffee giant Starbucks Corporation (NASDAQ: SBUX) is set to report third-quarter (Q3) financial results after market close Tuesday. Here is a look at earnings estimates, analyst price targets, and several key items on the minds of investors and analysts. Earnings Estimates: Analysts expect...
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Chipotle Mexican Grill Stock Tumbles: 5 Analysts Deep Dive Into Q2 Print, Q3 Outlook
Thursday, July 27, 2023 - 12:03pm | 685Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) tanked in early trading on Thursday, after the company reported downbeat quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Wedbush On Chipotle Mexican Grill Analyst...
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Planet Fitness Is Poised For Sustainable Growth, Says Bullish Analyst
Friday, May 19, 2023 - 10:25am | 334Shares of Planet Fitness Inc (NYSE: PLNT) were rising in the premarket on Friday, after tanking last week on the company’s disappointing earnings release. The earnings season plays a key role in investors’ action plans for the future. The recent selloff in Planet Fitness’ stock...
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Starbucks Shares Tank On Guidance Despite China Upside: 5 Analysts On 2023 Outlook
Wednesday, May 3, 2023 - 9:58am | 605Shares of Starbucks Corp (NASDAQ: SBUX) continued to decline in the premarket on Wednesday, despite the company reporting upbeat quarterly results. Here's what some analysts have to say about management's disappointing guidance. RBC Capital Markets analyst Christopher Carril reiterated a...
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No Jitters Here: 5 Starbucks Analysts Say Coffee Giant Is Making Right Decisions
Friday, November 4, 2022 - 11:03am | 531Starbucks Corporation (NASDAQ: SBUX) Thursday reported fourth-quarter results, with a revenue and earnings beat. Morgan Stanley Analyst John Glass maintained an Equal-Weight rating and a price target of $96. “Outsized US comp sales of 11% and positive commentary on current trends assuage near...
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4 Starbucks Analysts On Q3 Earnings: 'Another Solid Quarter'
Wednesday, August 3, 2022 - 11:34am | 484Starbucks Corporation (NASDAQ: SBUX) reported its fiscal third quarter adjusted earnings at 84 cents per share, beating the consensus estimate of 75 cents per share. KeyBanc Capital Markets On Starbucks Analyst Eric Gonzalez maintained a Sector Weight rating for the company. Starbucks delivered an...
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4 Starbucks Analysts On Q2 Earnings: Brewing China Concerns, Strong US Demand And More
Wednesday, May 4, 2022 - 11:53am | 600Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the...
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Why Chipotle Mexican Grill Stock Is Sizzling Ahead Of Earnings
Monday, July 12, 2021 - 3:39pm | 289Chipotle Mexican Grill Inc (NYSE: CMG) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report." What Happened: RBC Capital analyst Christopher Carril maintained Chipotle Mexican Grill with an Outperform rating and raised RBC's price target...
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3 Reasons Why Chipotle's Stock Could Hit $1,650
Thursday, January 14, 2021 - 1:36pm | 300Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) more than tripled from 2020 lows, but the three catalysts ahead make the case for further appreciation in the stock, according to RBC. The Chipotle Analyst: Christopher Carril upgraded Chipotle's stock from Sector Perform to Outperform with a...
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10 Analysts React To Domino's Earnings: 'It Deserves A Premium Valuation'
Sunday, April 26, 2020 - 8:37pm | 1044Domino's Pizza, Inc. (NYSE: DPZ) shares lost 0.64% Friday after the company reported first-quarter earnings and revenue beats but withdrew its long-term guidance. On Thursday, Domino's reported first-quarter EPS of $3.07 on revenue of $873.1 million. Both numbers beat consensus analyst...
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Which Restaurant Stocks Is RBC Hungry For?
Tuesday, December 10, 2019 - 4:53pm | 1341RBC analyst Christopher Carril initiated coverage Tuesday of a handful of fast food restaurants and casual dining chains. Here is a summary of each initiation. Brinker International Carril initiated coverage of Brinker International, Inc. (NYSE: EAT) at Sector Perform, $45 price target. The...
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Morgan Stanley: As Refranchising Dies Down, What's Next For Fast Food Restaurants?
Friday, March 30, 2018 - 9:40am | 522The quick service restaurant industry has benefited in recent years from a "wave of refranchising" in which company-owned stores were sold to franchisees, Morgan Stanley said in an industrywide report. The top question in investors' minds is, according to the sell-side firm: what'...
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RBC Raises Kraft Foods PT As Heinz Merger Offers Multiple Avenues For Valuable Synergies
Thursday, March 26, 2015 - 9:01am | 189RBC Capital Markets on Thursday issued a report on Kraft Foods Group Inc (NASDAQ: KRFT) after the announcement of the Kraft-Heinz merger. RBC maintained its Outperform rating and raised its price target from $72 to $92. Analysts David Palmer and Christopher Carril wrote, " We believe that there is...