McDonald's (MCD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McDonald's is poised for a Q1 earnings beat despite likely revenue softness, driven by margin strength and easy comps post-E. coli incident. I model $2.88 EPS for Q1 versus consensus at $2.75, expecting a 5% earnings beat to offset a modest top-line miss. Q2 setup improves with stronger marketing initiatives, including collaborations and potential value menu boosts, supporting a more robust comp trajectory.
Advisors Capital Management LLC raised its holdings in shares of McDonald's Corporation (NYSE: MCD) by 5.6% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,753 shares of the fast-food giant's stock after acquiring an additional 11,135 shares during the
Recently, Zacks.com users have been paying close attention to McDonald's (MCD). This makes it worthwhile to examine what the stock has in store.
Netflix has announced its collaboration with McDonald's to celebrate the release of Stranger Things: Tales from ‘85, out now.
The United States Patent and Trademark Office is arguing the phrase describes a discounted food bundle – not anything unique to McDonald's.
Boston Trust Walden Corp decreased its position in McDonald's Corporation (NYSE: MCD) by 7.7% during the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 51,695 shares of the fast-food giant's stock after selling 4,286 shares during the quarter. Boston Trust Walden Corp's holdings in
The fast-food giant is up against diminishing returns from promotions, potential margin compression, and rising costs.
McDonald's Corp (NYSE:MCD, XETRA:MDO) is expected to report first-quarter earnings slightly below Wall Street expectations, as analysts at Jefferies trimmed their sales forecasts on signs of softer consumer demand in March. In a note ahead of results, Jefferies said it lowered its first-quarter same-store sales (SSS) estimates for both the US and international operated markets by 50 basis points each, citing “evidence of a softer March and Q1 average” amid a volatile macroeconomic backdrop.
In the most recent trading session, McDonald's (MCD) closed at $306.94, indicating a -1.42% shift from the previous trading day.
UBS analysts say the new more affordable menu options further support McDonald's value strength.
McDonald's (NYSE:MCD | MCD Price Prediction) trades at $311.53 as of writing.