McDonald's (MCD) came out with quarterly earnings of $2.83 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.95 per share a year ago.
The E-Coli outbreak at McDonald's (MCD) hurt the company's revenue, but the stock is still higher ahead of the opening bell on Monday. The company said foot traffic was slightly higher, but customers were spending less than usual.
Iconic fast-food restaurant chain McDonald's (MCD -0.02%) reported fourth-quarter and full-year 2024 earnings results on Monday, Feb. 10, that fell short of analysts' consensus estimates for revenue and earnings. Revenue reached $6.39 billion, missing the expected $6.45 billion and slightly declining from $6.41 billion in the same period last year.
Fast-food giant's adjusted profit misses analysts' consensus estimate.
McDonald's (MCD) reported worse-than expected fourth-quarter results Monday morning as U.S. comparable sales declined.
CNBC's Becky Quick reports on the company's quarterly earnings results.
McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
McDonald's Corporation MCD will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 10, 2025.
McDonald's is expected to report another quarter of same-store sales declines. Traffic to the fast-food giant's U.S. restaurants fell after the Centers for Disease Control and Prevention linked its Quarter Pounder burgers to an E.
While quarterly revenue is expected to come slightly higher than a year ago, earnings estimates are 3.4% down from a year ago.
There's no denying McDonald's (MCD -0.02%) is the premier name of the fast-food industry. Not only is it the business's biggest hamburger chain (as measured by the number of locales and revenue), but its operation has become the gold standard for how the restaurant franchise business should be managed.
If there is one truth in the fast food world, McDonald's will take every opportunity to expand its empire.