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

Suntory Beverage & Food (OTCMKTS:STBFY) updated its FY 2021 earnings guidance on Thursday. The company provided EPS 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 shares of Suntory Beverage & Food from a neutral rating to an overweight rating in a report on Tuesday, August 31st.

STBFY traded down $0.59 during trading hours on Thursday, hitting $18.62. The company’s stock had a trading volume of 14,151 shares, compared to its average volume of 44,689. The business’s 50-day moving average price is $20.16 and its 200-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.

About Suntory Beverage & Food

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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