Suntory Beverage & Food (OTCMKTS:STBFY) Updates FY 2021 Earnings Guidance

Suntory Beverage & Food (OTCMKTS:STBFY) issued an update on its FY 2021 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.910-$1.910 for the period. The company issued revenue guidance of $11.52 billion-$11.52 billion.

Separately, JPMorgan Chase & Co. raised Suntory Beverage & Food from a neutral rating to an overweight rating in a report on Tuesday, August 31st.

Suntory Beverage & Food stock traded down $0.59 during mid-day trading on Thursday, hitting $18.62. The company had a trading volume of 14,151 shares, compared to its average volume of 44,689. The stock’s 50 day moving average price is $20.16 and its two-hundred day moving average price is $19.39. Suntory Beverage & Food has a 12 month low of $16.42 and a 12 month high of $22.90.

Suntory Beverage & Food Company Profile

Suntory Beverage & Food Ltd. engages in the manufacture and sale of food products and non-alcoholic beverages. It operates through the following business segments: Japan, Europe, Asia, Oceania, and Americas. The Japan segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.

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