On Wednesday, January 29, McDonald's MCD will release its latest earnings report. Benzinga's outlook for McDonald's is included in the following report.
Earnings and Revenue
Based on management's projections, McDonald's analysts model for earnings of $1.96 per share on sales of $5.30 billion.
See Also: McDonald's Franchisees Name Chick-Fil-A Biggest Threat
McDonald's reported a profit of $1.97 when it published results during the same quarter last year. Sales in that period totaled $5.16 billion. If the company were to match the consensus estimate, earnings would be down 0.51%. Revenue would be have grown 2.65% from the same quarter last year. Here's how the McDonald's's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 2.210 | 2.050 | 1.770 | 1.89 |
EPS Actual | 2.110 | 2.050 | 1.780 | 1.97 |
Stock Performance
Over the last 52-week period, shares of McDonald's are up 13.77%. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating from analysts on McDonald's stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
McDonald's is scheduled to hold a conference call at 8:30 a.m. ET and it can be accessed here: https://corporate.mcdonalds.com/corpmcd/investors-relations/investor-events/events-calendar.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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