Analysts expect the Seattle-based company to report quarterly earnings at 48 cents per share. That’s down from 68 cents per share in the year-ago period. Starbucks projects to report quarterly revenue at $8.83 billion, compared to $8.56 billion a year earlier.
On Monday, UBS analyst Dennis Geiger maintained Starbucks with a Neutral rating and lowered the price target from $105 to $90.
With the recent buzz around Starbucks, some investors may be eyeing potential gains from the company’s dividends. Currently, Starbucks offers an annual dividend yield of 2.91% — a quarterly dividend of 61 cents per share ($2.44 a year).
So, how can …
Full story available on Benzinga.com
Analysts expect the Seattle-based company to report quarterly earnings at 48 cents per share. That’s down from 68 cents per share in the year-ago period. Starbucks projects to report quarterly revenue at $8.83 billion, compared to $8.56 billion a year earlier.
On Monday, UBS analyst Dennis Geiger maintained Starbucks with a Neutral rating and lowered the price target from $105 to $90.
With the recent buzz around Starbucks, some investors may be eyeing potential gains from the company’s dividends. Currently, Starbucks offers an annual dividend yield of 2.91% — a quarterly dividend of 61 cents per share ($2.44 a year).
So, how can …
Full story available on Benzinga.com
Starbucks Corporation (NASDAQ:SBUX) will release earnings results for the second quarter, after the closing bell on Tuesday, April 29.
Analysts expect the Seattle-based company to report quarterly earnings at 48 cents per share. That’s down from 68 cents per share in the year-ago period. Starbucks projects to report quarterly revenue at $8.83 billion, compared to $8.56 billion a year earlier.
On Monday, UBS analyst Dennis Geiger maintained Starbucks with a Neutral rating and lowered the price target from $105 to $90.
With the recent buzz around Starbucks, some investors may be eyeing potential gains from the company’s dividends. Currently, Starbucks offers an annual dividend yield of 2.91% — a quarterly dividend of 61 cents per share ($2.44 a year).
So, how can …Full story available on Benzinga.com Read More$500 Dividend, divdends, dividend yield, Earnings, Long Ideas, News, SBUX, Markets, Trading Ideas, SBUX, US8552441094, Long Ideas, News, Earnings, Markets, Trading Ideas, Benzinga Markets