Q4 Earnings Preview For McDonald's

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

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Posted In: EarningsNewsEarnings Previews
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