Shares of McDonald's Corp MCD edged higher in early trading on Tuesday, despite reporting a decline in fourth-quarter revenues.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Wall Street analysts tweaked their McDonald's Corp. share-price targets and generally agreed that a rebound in the fast-food giant's core U.S. business is coming following last year's E. coli outbreak, as they sifted through the company's latest earnings results.
McDonald's Corp MCD reported in-line earnings for its fourth quarter on Monday.
McDonald's NYSE: MCD Q4 and full-year 2024 results were underwhelming. Still, the uptrend in its share price will continue because of improving business leverage, solid cash flow, and the low bar set by the analysts.
McDonald's strategy with its $5 meal deals has been paying off. Chris Kempczinski, the company's CEO, said that the $5 deal is "driving other purchases," increasing average spending.
After a year of dominating U.S. headlines for everything from a major E. coli outbreak to a visit from Donald Trump, McDonald's today announced its fourth-quarter and full-year 2024 financial report.
Main Street Research's James Demmert says to sell McDonald's and Charles Schwab. The investor is bullish on German software stock SAP.
McDonald's (MCD) shares tick higher after the company reported that global sales offset some weakness in the US. BTIG managing director and restaurant analyst Peter Saleh joins Catalysts with Seana Smith to discuss what McDonald's results signal about the quick-service restaurant (QSR) space.
While McDonald's fourth-quarter earnings, released Monday (Feb. 10), “did not meet our expectations,” according to CEO Chris Kempczinski, customer loyalty was a bright spot amid a slight uptick (0.4%) in global comparable sales while U.S. comparable sales slipped 1.4% largely due to the aftermath of an E.
Fast-food giant McDonald's (MCD) fell shy of fourth quarter earnings estimates, posting revenue of $6.39 billion (shy of the $6.45 billion expected) and adjusted earnings per share of $2.80 (also shy of the $2.84 expected). As global same-store sales unexpectedly rose 0.4%, US sales declined by 1.4% as October's E.
McDonald's (MCD 4.14%) stock is gaining ground in Monday's trading. The fast-food giant's share price was up 4.5% as of noon ET, amid the backdrop of a 0.5% gain for the S&P 500 (^GSPC 0.54%) and a 1.1% gain for the Nasdaq Composite (^IXIC 1.05%).