Stock Analysts

Starbucks (SBUX) Reports In-Line Q4 Earnings, Lowers Targets

Starbucks Corporation SBUX reported in-line earnings but failed to meet the Zacks Consensus Estimate for revenues in fourth-quarter fiscal 2017 results. Apart from the earnings release, Starbucks made other major announcements. First, Starbucks lowered long-term financial targets, cutting the annual earnings growth forecast to 12% versus the prior guidance for 15%-20%. […]

Stock Analysts

Will Elevated Costs Hamper Red Robin’s (RRGB) Q3 Earnings?

Red Robin Gourmet Burgers, Inc. RRGB is scheduled to report third-quarter 2017 results on Nov 6, after market close. Markedly, the company’s brand revitalization initiatives such as menu innovation, operational improvement and the introduction of a better customer service platform to enhance guest experience continue to drive revenues. […]

Stock Analysts

Pilgrim’s Pride (PPC) to Post Q3 Earnings: What to Expect?

Pilgrim's Pride Corporation PPC is scheduled to report third-quarter 2017 results on Nov 7, after the market closes. Over the last three months, shares of this Zacks Rank #1 (Strong Buy) company yielded a return of 24.2%, outperforming 7.7% growth recorded by the industry . We note that the company’s second-quarter 2017 adjusted earnings of 93 cents per share surpassed the Zacks Consensus Estimate of 85 cents […]

Stock Analysts

Ameren (AEE) Misses on Q3 Earnings, Narrows ’17 Outlook

Ameren Corporation AEE posted third-quarter 2017 earnings from continuing operations of $1.24 per share, missing the Zacks Consensus Estimate of $1.31 by 5.3%. The bottom line also declined 18.4% year over year, primarily due to a change in the timing of interim period revenue recognition at Ameren Illinois Electric Distribution. Total Revenues Total revenues of $1,723 million in the reported quarter were down 7.3% year over year owing to lower electric as well as natural gas sales volumes […]